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AVXL

Anavex

$3.29

0.01 (0.30%)

07:06
11/22/16
11/22
07:06
11/22/16
07:06

Anavex announces ANAVEX 2-73 data

Anavex Life Sciences announced a positive 41-week update from its Phase 2a study in mild-to-moderate Alzheimer's disease patients for ANAVEX 2-73, which targets cellular homeostasis. At 41 weeks, Alzheimer's patients taking a daily oral dose of ANAVEX 2-73 in the exploratory, not yet dose optimized Phase 2a clinical trial, showed a stabilization of cognitive and functional measures. This data of stabilization is promising since Alzheimer's disease is a progressive disease where current therapeutics are only able to temporarily slow the worsening of dementia symptoms and not stop the disease from progressing. At 41 weeks, oral daily dosing between 10mg and 50mg, ANAVEX 2-73 was well tolerated, and no patients discontinued treatment due to adverse events. There were no clinically significant treatment-related adverse events, and no serious adverse events. Pre-specified exploratory analyses included the cognitive and the functional changes from baseline. A continued stabilization of both cognitive and functional measures in patients treated with ANAVEX 2-73 was observed. This correlation was positive with all measured scores.

AVXL Anavex
$3.29

0.01 (0.30%)

11/30/15
MAXM
11/30/15
NO CHANGE
Target $15
MAXM
Buy
Anavex publishes positive data for ANAVEX 3-71, says Maxim
Maxim analyst Jason Kolbert said Anavex announced additional positive data for ANAVEX 3-71 in the respected journal, Neurodegenerative Diseases. Kolbert said the data provided more upstream effect on reducing syanptic loss, amyloid and tau pathologies, and neuroinflammation, which is potentially beneficial for the treatment of Alzheimer's and other neurological diseases. The analyst rates Anavex a Buy with a $15 price target on shares.
12/30/15
MAXM
12/30/15
NO CHANGE
Target $15
MAXM
Buy
Anavex subpoena not related to wrongdoing by company, says Maxim
Maxim analyst Jason Kolbert said he does not believe the SEC subpoena disclosed yesterday by Anavex involves any wrongdoing by the company or its management. The analyst, who notes that ANAVEX 2-73 continues to show signs of early efficacy in Alzheimer's disease, keeps Buy rating and $15 price target on the stock.
03/29/16
FBRC
03/29/16
INITIATION
Target $10
FBRC
Outperform
Anavex initiated with an Outperform at FBR Capital
FBR Capital analyst Christopher James started Anavex Life Sciences with an Outperform rating and $10 price target.

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