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Annovis Bio Inc. (NYSE: ANVS) Leading Way in Development of Safe, Effective Drugs for Neurodegenerative Diseases

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Annovis Bio Inc. (NYSE: ANVS) is leading the development of safe and effective drugs for neurodegenerative diseases, particularly Alzheimer's Disease (AD). The company's primary focus is improving nerve cell health and cognition in neurodegenerative disorders. Buntanetap, Annovis Bio's lead drug candidate, has shown promising results in late-stage clinical trials for both AD and Parkinson's Disease (PD).

Earlier this year, Annovis announced encouraging outcomes from a phase 2/3 clinical trial of buntanetap as an oral therapy for early AD. The study, which involved 353 patients, evaluated buntanetap's efficacy when used alongside standard care medications and assessed its safety profile. These results highlight Annovis Bio's potential to transform Alzheimer's treatment through innovative drug combinations aimed at boosting cognition.

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Positive

  • Buntanetap showed efficacy in late-stage clinical trials for both Alzheimer's and Parkinson's Disease
  • Phase 2/3 clinical trial for early Alzheimer's Disease yielded promising results
  • Large-scale study with 353 patients demonstrates robust clinical trial design

Negative

  • None.

News Market Reaction 1 Alert

-4.07% News Effect

On the day this news was published, ANVS declined 4.07%, reflecting a moderate negative market reaction.

Data tracked by StockTitan Argus on the day of publication.

NEW YORK, Oct. 03, 2024 (GLOBE NEWSWIRE) -- NetworkNewsAudio – Annovis Bio Inc. (NYSE: ANVS) announces the availability of a broadcast titled, “Transforming Alzheimer’s Treatment: Innovative Combinations to Boost Cognition.”

To hear the AudioPressRelease, please visit: The NetworkNewsAudio

To view the full editorial, please visit: https://nnw.fm/ZIUid

Annovis Bio Inc. is at the forefront of the movement to develop new safe and effective drugs for neurodegenerative diseases, including AD. The company has long pursued the goal to improve the health of nerve cells and, in the process, improve cognition in neurodegenerative disorders. The company’s lead drug candidate, buntanetap, has completed late-stage AD and PD clinical trials and was shown to be efficacious in both indications.

Earlier this year, Annovis announced promising results from its phase 2/3 clinical trial of buntanetap as an oral therapy for early AD. The study involved 353 patients and assessed buntanetap’s efficacy on top of standard of care medications as well as its safety.

About Annovis Bio Inc. 

Annovis Bio, headquartered in Malvern, Pennsylvania, is dedicated to addressing neurodegeneration in diseases such as Alzheimer’s disease (“AD”) and Parkinson’s disease (“PD”). The company’s innovative approach targets multiple neurotoxic proteins, aiming to restore brain function and improve the quality of life for patients.

For more information, about the company, please visit www.AnnovisBio.com.

NOTE TO INVESTORS: The latest news and updates relating to ANVS are available in the company’s newsroom at https://ibn.fm/ANVS http://nnw.fm/ANVS

About NetworkNewsWire

NetworkNewsWire (“NNW”) is a specialized communications platform with a focus on financial news and content distribution for private and public companies and the investment community. It is one of 60+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, NNW is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists and the general public. By cutting through the overload of information in today’s market, NNW brings its clients unparalleled recognition and brand awareness. NNW is where breaking news, insightful content and actionable information converge.

For more information, please visit https://www.NetworkNewsWire.com

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FAQ

What is Annovis Bio's (ANVS) lead drug candidate for neurodegenerative diseases?

Annovis Bio's lead drug candidate is buntanetap, which has completed late-stage clinical trials for Alzheimer's Disease and Parkinson's Disease, showing efficacy in both indications.

How many patients were involved in Annovis Bio's (ANVS) phase 2/3 clinical trial for early Alzheimer's Disease?

The phase 2/3 clinical trial of buntanetap for early Alzheimer's Disease involved 353 patients.

What was the focus of Annovis Bio's (ANVS) recent clinical trial for Alzheimer's Disease?

The recent clinical trial focused on assessing buntanetap's efficacy as an oral therapy for early Alzheimer's Disease when used in combination with standard of care medications, as well as evaluating its safety profile.

What is the primary goal of Annovis Bio (ANVS) in developing drugs for neurodegenerative diseases?

Annovis Bio's primary goal is to improve the health of nerve cells and, consequently, enhance cognition in neurodegenerative disorders.
Annovis Bio Inc

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102.04M
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Biotechnology
Pharmaceutical Preparations
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United States
MALVERN