Anavex Life Sciences will present at The Citizens Life Sciences Conference on May 7, 2025, in New York.
Quiver AI Summary
Anavex Life Sciences Corp., a clinical-stage biopharmaceutical company, announced its participation in The Citizens Life Sciences Conference in New York on May 7-8, 2025. CEO Dr. Christopher U Missling will present on May 7 at 3:30 PM (ET). Anavex focuses on developing therapies for Alzheimer's disease, Parkinson's disease, schizophrenia, Rett syndrome, and various other CNS disorders. Its lead drug candidate, ANAVEX®2-73, has shown promise in clinical trials for Alzheimer's and Rett syndrome, demonstrating potential benefits for various CNS conditions, including anticonvulsant and neuroprotective effects. Additionally, Anavex is developing ANAVEX®3-71, which targets Alzheimer's disease hallmarks and has shown beneficial effects in preclinical studies. The company's strategic goals and research endeavors are detailed further on their website and social media platforms.
Potential Positives
- Anavex Life Sciences Corp. will present at The Citizens Life Sciences Conference, enhancing its visibility and engagement within the biopharmaceutical industry.
- Christopher U Missling, PhD, President & CEO, will represent the company, which could strengthen investor confidence and stakeholder interest.
- The ongoing development of their lead drug candidate, ANAVEX®2-73, demonstrates significant clinical progress in treating complex CNS disorders, potentially positioning the company as a leader in this therapeutic area.
Potential Negatives
- The press release includes a cautionary note regarding forward-looking statements, which indicates that there are uncertainties associated with the company's future performance and developments.
- There is no mention of any definitive outcomes or upcoming milestones for drug candidates, which may signal a lack of immediate progress or success in the development pipeline.
- The reliance on animal models for demonstrating the efficacy of ANAVEX®3-71 raises concerns regarding the translation of preclinical findings to human patients, potentially leading to skepticism about its therapeutic potential.
FAQ
What is Anavex Life Sciences Corp. known for?
Anavex Life Sciences Corp. is known for developing innovative treatments for Alzheimer's, Parkinson's, and other CNS disorders.
When will Anavex present at The Citizens Life Sciences Conference?
Anavex will present on May 7, 2025, at 3:30 PM ET during the conference in New York.
What is ANAVEX®2-73?
ANAVEX®2-73 is an oral drug candidate aimed at restoring cellular balance and shows promise in treating Alzheimer's and other CNS disorders.
What type of clinical trials has ANAVEX®2-73 completed?
ANAVEX®2-73 has completed Phase 2a, Phase 2b/3 trials for Alzheimer's, and several studies for Rett syndrome and Parkinson's dementia.
How can I contact Anavex for more information?
You can contact Anavex at 1-844-689-3939 or via email at [email protected] for more information.
Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.
$AVXL Hedge Fund Activity
We have seen 83 institutional investors add shares of $AVXL stock to their portfolio, and 67 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- WEALTHGARDEN F.S. LLC removed 910,476 shares (-100.0%) from their portfolio in Q4 2024, for an estimated $9,778,512
- SUSQUEHANNA INTERNATIONAL GROUP, LLP added 896,321 shares (+375.9%) to their portfolio in Q4 2024, for an estimated $9,626,487
- STATE STREET CORP removed 654,018 shares (-21.3%) from their portfolio in Q4 2024, for an estimated $7,024,153
- INVESCO LTD. added 590,639 shares (+2419.8%) to their portfolio in Q4 2024, for an estimated $6,343,462
- PIER CAPITAL, LLC added 441,915 shares (+inf%) to their portfolio in Q4 2024, for an estimated $4,746,167
- ESSENTIAL PLANNING, LLC. added 413,088 shares (+inf%) to their portfolio in Q4 2024, for an estimated $4,436,565
- UBS GROUP AG added 288,707 shares (+222.0%) to their portfolio in Q4 2024, for an estimated $3,100,713
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.
Full Release
NEW YORK, April 30, 2025 (GLOBE NEWSWIRE) -- Anavex Life Sciences Corp. (“Anavex” or the “Company”) (Nasdaq: AVXL), a clinical-stage biopharmaceutical company focused on developing innovative treatments for Alzheimer's disease, Parkinson's disease, schizophrenia, neurodevelopmental, neurodegenerative, and rare diseases, including Rett syndrome, and other central nervous system (CNS) disorders, today announced that it will present at The Citizens Life Sciences Conference, taking place in New York, NY, from May 7 – 8, 2025. Christopher U Missling, PhD, President & Chief Executive Officer will present the Company scheduled at 3:30 PM (ET) on Wednesday, May 7 th , 2025.
About Anavex Life Sciences Corp.
Anavex Life Sciences Corp. (Nasdaq: AVXL) is a publicly traded biopharmaceutical company dedicated to the development of novel therapeutics for the treatment of neurodegenerative, neurodevelopmental, and neuropsychiatric disorders, including Alzheimer's disease, Parkinson's disease, schizophrenia, Rett syndrome, and other central nervous system (CNS) diseases, pain, and various types of cancer. Anavex's lead drug candidate, ANAVEX ® 2-73 ( blarcamesine ), has successfully completed a Phase 2a and a Phase 2b/3 clinical trial for Alzheimer's disease, a Phase 2 proof-of-concept study in Parkinson's disease dementia, and both a Phase 2 and a Phase 3 study in adult patients and one Phase 2/3 study in pediatric patients with Rett syndrome. ANAVEX ® 2-73 is an orally available drug candidate designed to restore cellular homeostasis by targeting SIGMAR1 and muscarinic receptors. Preclinical studies demonstrated its potential to halt and/or reverse the course of Alzheimer's disease. ANAVEX ® 2-73 also exhibited anticonvulsant, anti-amnesic, neuroprotective, and anti-depressant properties in animal models, indicating its potential to treat additional CNS disorders, including epilepsy. The Michael J. Fox Foundation for Parkinson's Research previously awarded Anavex a research grant, which fully funded a preclinical study to develop ANAVEX ® 2-73 for the treatment of Parkinson's disease. We believe that ANAVEX ® 3-71, which targets SIGMAR1 and M1 muscarinic receptors, is a promising clinical stage drug candidate demonstrating disease-modifying activity against the major hallmarks of Alzheimer's disease in transgenic (3xTg-AD) mice, including cognitive deficits, amyloid, and tau pathologies. In preclinical trials, ANAVEX ® 3-71 has shown beneficial effects on mitochondrial dysfunction and neuroinflammation. Further information is available at www.anavex.com . You can also connect with the Company on Twitter, Facebook , Instagram , and LinkedIn .
Forward-Looking Statements
Statements in this press release that are not strictly historical in nature are forward-looking statements. These statements are only predictions based on current information and expectations and involve a number of risks and uncertainties. Actual events or results may differ materially from those projected in any of such statements due to various factors, including the risks set forth in the Company’s most recent Annual Report on Form 10-K filed with the SEC. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date hereof. All forward-looking statements are qualified in their entirety by this cautionary statement and Anavex Life Sciences Corp. undertakes no obligation to revise or update this press release to reflect events or circumstances after the date hereof.
For Further Information:
Anavex Life Sciences Corp.
Research & Business Development
Toll-free: 1-844-689-3939
Email:
[email protected]
Investors:
Andrew J. Barwicki
Investor Relations
Tel: 516-662-9461
Email:
[email protected]