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$AVXLD Anavex Awarded Grant From The Michael J. Fox Foundation for Parkinson’s Research - See more at: http://globenewswire.com/news-release/2015/08/10/759225/0/en/Anavex-Awarded-Grant-From-The-Michael-J-Fox-Foundation-for-Parkinson-s-Research.html#sthash.rG3Tzl4H.dpuf

NEW YORK, Aug. 10, 2015 (GLOBE NEWSWIRE) -- Anavex Life Sciences Corp. (“Anavex” or the “Company”) (OTCQX:AVXL), a clinical-stage biopharmaceutical company developing drug candidates to treat Alzheimer’s disease, other central nervous system (CNS) diseases, pain, and various types of cancer, today announced that it has been awarded a research grant from The Michael J. Fox Foundation for Parkinson’s Research (MJFF) to develop ANAVEX 2-73 for the treatment of Parkinson’s disease.


The MJFF grant is expected to fully fund a preclinical study on the effect of ANAVEX 2-73 in a Parkinson’s disease animal model, which seeks to provide a solid dataset that will justify moving forward to clinical development in Parkinson’s. The study may also provide further evidence for the involvement of sigma-1 receptors in potentially disease-modifying therapies for Parkinson’s disease.
- See more at: http://globenewswire.com/news-release/2015/08/10/759225/0/en/Anavex-Awarded-Grant-From-The-Michael-J-Fox-Foundation-for-Parkinson-s-Research.html#sthash.rG3Tzl4H.dpuf
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