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Anavex Life Scie Stock Price, News & Analysis

AVXL Nasdaq

Welcome to our dedicated page for Anavex Life Scie news (Ticker: AVXL), a resource for investors and traders seeking the latest updates and insights on Anavex Life Scie stock.

Anavex Life Sciences Corp (AVXL) is a clinical-stage biopharmaceutical company advancing novel therapies for central nervous system disorders through precision medicine approaches. This dedicated news hub provides investors and stakeholders with timely updates on clinical developments, regulatory milestones, and corporate announcements.

Our curated collection features official press releases, trial result disclosures, and strategic partnership updates. Users can track progress across Anavex's pipeline targeting Alzheimer’s, Parkinson’s, Rett syndrome, and other neurodegenerative conditions through its unique focus on sigma-1 receptor activation and biomarker-driven research.

The resource consolidates essential updates including clinical trial phases, FDA communications, scientific publications, and financial reports. Bookmark this page for direct access to primary source materials about therapeutic advancements in neuropharmacology and corporate developments.

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Anavex Life Sciences (Nasdaq: AVXL) announced positive Phase 2 clinical trial results for ANAVEX®2-73 in Parkinson’s Disease Dementia (PDD). The trial demonstrated a significant improvement of -14.51 in the MDS-UPDRS Total score, representing an 18.9% relative improvement. All sub-scores showed enhancements, with over 71% of individual items improved. Furthermore, SIGMAR1 mRNA expression increased significantly in treated patients, correlating with cognitive improvements. The results support advancing to Phase 3 studies in PDD and Parkinson’s disease, highlighting the clinical relevance of ANAVEX®2-73.

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Anavex Life Sciences Corp. (Nasdaq: AVXL) announced that CEO Christopher U. Missling will participate in the Annual Needham Virtual Neuroscience Forum on March 16, 2022, at 8:00 AM ET. Anavex focuses on developing therapeutics for neurodegenerative disorders, including Alzheimer’s and Parkinson’s diseases. Their lead candidate, ANAVEX®2-73, has completed significant clinical trials, demonstrating potential in halting the progression of Alzheimer’s. For more details, a live webcast will be available on their website.

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Anavex Life Sciences Corp. (Nasdaq: AVXL) has announced a change in auditors from BDO USA LLP to Grant Thornton LLP, effective immediately. This decision follows a thorough evaluation process by the Audit Committee and is not due to any disagreements with BDO, which served the company for nine years. CEO Christopher U. Missling expressed gratitude to BDO for their service and optimism about the new partnership with Grant Thornton as Anavex progresses with its growth plans. The company specializes in developing therapeutics for neurodegenerative disorders.

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Anavex Life Sciences Corp. (Nasdaq: AVXL) announced participation in the 11th Annual SVB Leerink Global Healthcare Conference on February 16, 2022, at 3 pm ET. Christopher U. Missling, PhD, President and CEO, will present via a live audio webcast, accessible from the company's website. Anavex is focused on developing therapeutics for neurodegenerative disorders, including Alzheimer’s and Parkinson’s diseases. Their lead candidate, ANAVEX®2-73, has shown promising results in clinical trials, indicating potential effectiveness for a range of CNS diseases.

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Anavex Life Sciences Corp. (AVXL) reported its financial results for Q1 2022, revealing a net loss of $10.9 million, or $0.14 per share. Cash and cash equivalents stood at $151.1 million, slightly down from $152.1 million in the previous quarter. The company highlighted successful Phase 3 AVATAR study results for the Rett syndrome treatment, ANAVEX®2-73, and positive Phase 1 results for ANAVEX®3-71, which targets Frontotemporal Dementia. Additional clinical studies are planned for 2022 to expand the company's portfolio of neurodegenerative disorder treatments.

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Anavex Life Sciences Corp. (Nasdaq: AVXL) announced supplemental information regarding the AVATAR Phase 3 trial of ANAVEX®2-73 (blarcamesine) for treating adult patients with Rett syndrome. Following a successful Phase 2 study, the AVATAR trial has updated endpoints approved by regulatory agencies in the UK and Australia. Anavex plans to approach the FDA for an approval pathway as no drugs are currently approved for Rett syndrome. The company’s candidate holds Fast Track, Rare Pediatric Disease, and Orphan Drug designations.

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Anavex Life Sciences Corp. (Nasdaq: AVXL) announced a conference call scheduled for February 9, 2022, to discuss financial results for the fiscal quarter ending December 31, 2021.

The call will cover the company's growth strategy, following a successful Phase 2a trial for its lead drug candidate ANAVEX®2-73, which targets Alzheimer’s, Parkinson's, and Rett syndromes.

Management will also engage in a Q&A session, with further information available on their website.

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Anavex Life Sciences Corp. (Nasdaq: AVXL) announced positive top-line results from its Phase 3 AVATAR trial of ANAVEX®2-73 in adult women with Rett syndrome. Key findings include statistically significant improvements in primary and secondary efficacy endpoints: 72.2% of patients showed improvement in RSBQ AUC (p = 0.037) compared to 38.5% on placebo. The study also indicated changes in biomarkers GABA and L-AAA. Anavex plans to engage with the FDA regarding the approval pathway, as there are currently no FDA-approved treatments for Rett syndrome.

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Anavex Life Sciences Corp. (Nasdaq: AVXL) announced positive top-line results from its Phase 1 clinical trial of ANAVEX®3-71, a treatment for neurodegenerative diseases. The trial met primary and secondary safety endpoints, showing that the drug was well tolerated across all dose cohorts (5 mg to 200 mg) with no serious adverse events or dose-limiting toxicities. The drug exhibited linear pharmacokinetics and no significant food effects. Anavex plans to advance ANAVEX®3-71 into Phase 2 trials, aiming for a biomarker-driven program in treating Frontotemporal Dementia and Alzheimer's disease.

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Anavex Life Sciences Corp. (AVXL) has announced significant leadership changes, promoting Walter E Kaufmann, M.D. to Chief Scientific Officer and appointing Edward R Hammond, M.D., M.P.H., PhD as Chief Medical Officer, effective immediately. Dr. Kaufmann brings extensive academic experience from institutions like Harvard and Johns Hopkins, while Dr. Hammond has over 15 years in clinical drug development from AstraZeneca. The company is focused on advancing its clinical candidates targeting neurodegenerative disorders, which shows potential for growth in patient care.

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FAQ

What is the current stock price of Anavex Life Scie (AVXL)?

The current stock price of Anavex Life Scie (AVXL) is $8.12 as of May 13, 2025.

What is the market cap of Anavex Life Scie (AVXL)?

The market cap of Anavex Life Scie (AVXL) is approximately 757.9M.
Anavex Life Scie

Nasdaq:AVXL

AVXL Rankings

AVXL Stock Data

757.92M
82.56M
3.04%
35.16%
27.56%
Biotechnology
Biological Products, (no Disgnostic Substances)
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United States
NEW YORK