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Anavex (NASDAQ: AVXL) withdraws EU Alzheimer’s drug application for blarcamesine

Filing Impact
(Moderate)
Filing Sentiment
(Neutral)
Form Type
8-K

Rhea-AI Filing Summary

Anavex Life Sciences Corp. reported that it has withdrawn its application for EU marketing authorization of its lead drug candidate blarcamesine as an add-on therapy for adults with early Alzheimer’s disease. The application had been under review by the European Medicines Agency’s Committee for Medicinal Products for Human Use.

The withdrawal follows CHMP feedback indicating it would not be in a position to issue a positive opinion at this time. Anavex states it remains committed to the ongoing clinical development of blarcamesine and plans to gather additional data and conduct further analyses to address the points raised by the CHMP.

Positive

  • None.

Negative

  • EU regulatory setback for lead asset: Anavex withdrew its EU marketing authorization application for blarcamesine in early Alzheimer’s disease after CHMP indicated it could not issue a positive opinion, delaying potential commercialization in a key market.

Insights

EU setback for blarcamesine; core program continues in development.

Anavex Life Sciences has withdrawn its EU marketing authorization application for blarcamesine in early Alzheimer’s disease after EMA’s CHMP signaled it could not issue a positive opinion. This represents a meaningful regulatory setback for the company’s lead asset in a major market.

The company emphasizes that it remains committed to blarcamesine, referencing completed Phase 2 and Phase 2b/3 Alzheimer’s trials and multiple Rett syndrome and Parkinson’s disease dementia studies. It plans to use CHMP feedback to collect more data and conduct additional analyses, which may require time and resources before any new filing.

The communication reiterates that blarcamesine is still investigational with no guarantees of successful development or approval. Future disclosures about how Anavex operationalizes CHMP feedback and designs further trials will be important to understand the updated regulatory path for Alzheimer’s and potentially other CNS indications.

Item 8.01 Other Events Other
Voluntary disclosure of events the company deems important to shareholders but not covered by other items.
Item 9.01 Financial Statements and Exhibits Exhibits
Financial statements, pro forma financial information, and exhibit attachments filed with this report.
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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

FORM 8-K

 

CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

 

Date of Report (Date of earliest event reported): March 25, 2026

 

ANAVEX LIFE SCIENCES CORP. 

(Exact name of registrant as specified in its charter)

 

Nevada 001-37606 98-0608404
(State or other jurisdiction (Commission (IRS Employer
of incorporation) File Number) Identification No.)

 

630 5th Avenue, 20th Floor, New York, NY USA 10111

(Address of principal executive offices) (Zip Code)

 

1-844-689-3939

Registrant’s telephone number, including area code

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

 

Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

 

Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a -12)

 

Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d -2(b))

 

Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e -4(c))

 

Securities registered pursuant to Section 12(b) of the Act:

 

Title of Each Class   Trading Symbol(s)   Name of Each Exchange on which Registered
Common Stock, par value $0.001 per share   AVXL   Nasdaq Stock Market LLC

 

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

 

Emerging growth company

 

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.

 

 

 

Item 8.01. Other Events.

 

On March 25, 2026, Anavex Life Sciences Corp. (the “Company”) issued a press release announcing that it has withdrawn its application for the marketing authorization of blarcamesine in the EU as an add-on therapy for the treatment of early Alzheimer’s disease in adults, which had been under review by the European Medicines Agency (EMA).

 

A copy of the press release is furnished as Exhibit 99.1 and is incorporated herein by reference, including the cautionary statement on forward-looking statements included in the press release.

 

Item 9.01 Financial Statements and Exhibits

 

(d) Exhibits

 

99.1   Press Release of the Company dated March 25, 2026
104   Cover Page Interactive Data File (embedded within the Inline XBRL document)

 

 

 

SIGNATURES

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

  ANAVEX LIFE SCIENCES CORP.
   
  /s/ Christopher Missling
  Name: Christopher Missling, PhD
  Title: Chief Executive Officer
   
Date: March 25, 2026  

 

 

 

 

EXHIBIT 99.1

 

Anavex Life Sciences Provides Update on Regulatory Review in the EU for Blarcamesine to Treat Early Alzheimer’s Disease

 

NEW YORK – March 25, 2026 – 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 has withdrawn its application for the marketing authorization of blarcamesine in the EU as an add-on therapy for the treatment of early Alzheimer’s disease in adults, which had been under review by the European Medicines Agency (EMA).

 

The decision to withdraw the application follows feedback from the EMA’s Committee for Medicinal Products for Human Use (CHMP) indicating that it would not be in a position to issue a positive opinion for the application at this time. The Company remains committed to the ongoing clinical development of blarcamesine and to advancing potential therapeutic options addressing the significant unmet medical needs of patients living with early Alzheimer’s disease, also motivated by the strong support received by Alzheimer’s disease patients and organizations, including Alzheimer Europe.

 

Anavex had submitted the application following encouragement by the SME Office of the EMA in October 2023 when the EMA representatives encouraged Anavex “to immediately begin preparing” for the application and that the “next step for Anavex in terms of interactions with EMA would be to apply for a marketing authorization application.” Anavex now has to take note of the differing assessment of the CHMP at the EMA and will consider the constructive feedback received from the CHMP and focus on gathering additional data and conducting further analyses to address the points raised by the CHMP.

 

“We remain dedicated to advancing the development of innovative oral therapies for patients living with early Alzheimer’s disease and to continuing our engagement with regulatory authorities,” said Christopher U. Missling, PhD, President and Chief Executive Officer of Anavex.

 

This release discusses investigational uses of an agent in development and is not intended to convey conclusions about efficacy or safety. There is no guarantee that any investigational uses of such product will successfully complete clinical development or gain health authority approval.

 

About Alzheimer’s disease

 

Alzheimer’s disease is the most common cause of dementia, accounting for 60-80% of all dementia cases worldwide. Dementia is a general term for memory loss and other cognitive abilities serious enough to interfere with daily life. Alzheimer’s disease is a progressive disease, where symptoms gradually worsen over time. Each stage of the disease presents different challenges for those living with the disease and their care partners. There is a significant unmet need for new treatment options that can slow down the progression of Alzheimer’s disease and reduce the overall burden on people affected and on society.

 

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, blarcamesine (ANAVEX®2-73), 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. Blarcamesine 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. Blarcamesine 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 blarcamesine 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: info@anavex.com

 

Investors:

Andrew J. Barwicki

Investor Relations

Tel: 516-662-9461

Email: andrew@barwicki.com

 

 

 

FAQ

What did Anavex Life Sciences (AVXL) announce regarding blarcamesine in the EU?

Anavex Life Sciences announced it has withdrawn its EU marketing authorization application for blarcamesine as an add-on therapy for early Alzheimer’s disease, after EMA’s CHMP indicated it could not issue a positive opinion at this time.

Why did Anavex withdraw its EU marketing authorization application for blarcamesine?

The application was withdrawn following feedback from EMA’s Committee for Medicinal Products for Human Use indicating the committee would not be in a position to issue a positive opinion now. Anavex plans to consider this feedback, gather more data, and perform further analyses.

Does the EU withdrawal mean Anavex is stopping development of blarcamesine?

No. Anavex states it remains committed to the ongoing clinical development of blarcamesine. The company intends to use CHMP’s constructive feedback to gather additional data and conduct further analyses aimed at addressing the committee’s concerns.

What stage of development is blarcamesine in according to Anavex’s disclosure?

Anavex describes blarcamesine as its lead, orally available clinical-stage drug candidate. It has completed a Phase 2a and Phase 2b/3 trial in Alzheimer’s disease, a Phase 2 study in Parkinson’s disease dementia, and several Phase 2 and Phase 3 studies in Rett syndrome.

What diseases is Anavex Life Sciences (AVXL) targeting with its pipeline?

Anavex focuses on neurodegenerative, neurodevelopmental, and neuropsychiatric disorders, including Alzheimer’s disease, Parkinson’s disease, schizophrenia, Rett syndrome, other CNS diseases, pain, and various cancers, using drug candidates such as blarcamesine and ANAVEX®3-71 that target SIGMAR1 and muscarinic receptors.

What did Anavex say about the risks and uncertainties around blarcamesine?

Anavex noted that blarcamesine’s uses are investigational and not approved, and that there is no guarantee the product will successfully complete clinical development or gain health authority approval, citing broader risks described in its most recent Annual Report on Form 10-K.

Filing Exhibits & Attachments

4 documents
Anavex Life Scie

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Biotechnology
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United States
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