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Monday, September 11, 2017 8:40:59 PM
thank you. are sufficient funds in hand for all three?..I know that is a somewhat subjective question....in your opinion.
My opinion is this: the company would not be announcing new trials unless they were assured of funding. Whether it’s internal or external (perhaps to a degree), isn’t presently known for the big Alzheimer’s trial.
But the Rett Foundation appears to be at least a partial funder of that trial. Same with the Michael J. Fox Foundation for the Parkinson’s trial.
Anavex critics and skeptics will turn right around and claim none of these assertions are supported by actual posted funding numbers, etc. Those who embrace such views are welcome to them—and shouldn’t buy or own a share of AVXL until positive trial results are completed and released for all three diseases.
Of course, if and when that happens, the share price of AVXL will be much greater.
Again, this is a small pharmaceutical start up, with no current sales revenues. Those of us with small to moderate AVXL positions have taken them for several, co-supporting reasons:
1. The pre-clinical and early clinical data for Anavex 2-73, against Alzheimer’s disease, are quite phenomenal; requiring the final one-year double-blind clinical trial for regulatory affirmation. No other drug, on the market or in equivalent human testing has exhibited such remarkable symptom stability or suppression. All others end up with their patients declining. Anavex patients stayed at start-of-trial baselines, or even got better.
2. Those data and results are supported by the unique and strong chemical pathway mechanisms of action unique to Anavex 2-73. Anavex science is solid. No other drug shows the ability to restore neuron function in the manner of, or to the degree of Anavex 2-73.
3. The early Phase 1/ Phase 2 safety and tolerability study in Australia substantiated lab animal studies, revealing no adverse events (side effects) of any negating consequence.
4. Likewise, Anavex 2-73 can be administered orally, whereby it efficiently crosses the blood/brain barrier; facilitating treatment without injection or infusion.
Lastly, I haven’t bet my ranch (or retirement) with such funds to buy my AVXL position. Should Anavex Life Sciences Corp fail, I’ve lost funds that I allocated and knew from the start were discretionary. Life will continue, no matter. If Anavex proves to be the new pharmaceutical I’ve envisioned, I will be handsomely rewarded. (Moreover, millions of people around the world will live longer, healthy lives, undeterred by the costs and pains of the diseases the drugs in the Anavex pipeline will target.)
Recent AVXL News
- Anavex Life Sciences to Present at the H.C. Wainwright 5th Annual Neuro Perspectives Virtual Conference • GlobeNewswire Inc. • 06/20/2024 11:30:00 AM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 06/17/2024 11:30:10 AM
- Anavex Life Sciences Announces Expansion of Leadership Team • GlobeNewswire Inc. • 05/22/2024 11:30:00 AM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 05/17/2024 10:01:00 AM
- Anavex Life Sciences to Present at the H.C. Wainwright 2nd BioConnect Investor Conference at NASDAQ • GlobeNewswire Inc. • 05/14/2024 11:30:00 AM
- Shareholders that lost money on Anavex Life Sciences Corporation(AVXL) Urged to Join Class Action - Contact The Gross Law Firm to Learn More • PR Newswire (US) • 05/10/2024 09:45:00 AM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 05/09/2024 08:35:55 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 05/09/2024 12:00:30 PM
- Anavex Life Sciences Reports Fiscal 2024 Second Quarter Financial Results and Provides Business Update • GlobeNewswire Inc. • 05/09/2024 11:30:00 AM
- The Gross Law Firm Announces the Filing of a Securities Class Action on Behalf of Anavex Life Sciences Corporation(AVXL) Shareholders • PR Newswire (US) • 05/07/2024 09:45:00 AM
- Form DEFA14A - Additional definitive proxy soliciting materials and Rule 14(a)(12) material • Edgar (US Regulatory) • 05/06/2024 10:03:33 AM
- Anavex Life Sciences Corporation Sued for Securities Law Violations - Contact The Gross Law Firm Before May 13, 2024 to Discuss Your Rights - AVXL • PR Newswire (US) • 05/03/2024 09:45:00 AM
- Anavex Life Sciences to Announce Fiscal 2024 Second Quarter Financial Results on Thursday, May 9th, 2024 • GlobeNewswire Inc. • 05/02/2024 11:30:00 AM
- May 13, 2024 Deadline: Contact The Gross Law Firm to Join Class Action Suit Against AVXL • PR Newswire (US) • 04/26/2024 09:45:00 AM
- Contact The Gross Law Firm by May 13, 2024 Deadline to Join Class Action Against Anavex Life Sciences Corporation(AVXL) • PR Newswire (US) • 04/19/2024 09:45:00 AM
- The Gross Law Firm Reminds Shareholders of a Lead Plaintiff Deadline of May 13, 2024 in Anavex Life Sciences Lawsuit - AVXL • PR Newswire (US) • 04/16/2024 09:45:00 AM
- Class Action Filed Against Anavex Life Sciences Corporation (AVXL) - May 13, 2024 Deadline to Join - Contact The Gross Law Firm • PR Newswire (US) • 04/12/2024 09:45:00 AM
- Anavex Life Sciences to Present at the Noble Capital Markets Virtual Healthcare Equity Conference • GlobeNewswire Inc. • 04/11/2024 11:30:00 AM
- Class Action Filed Against Anavex Life Sciences Corporation (AVXL) - May 13, 2024 Deadline to Join - Contact The Gross Law Firm • PR Newswire (US) • 04/09/2024 09:45:00 AM
- Anavex Life Sciences Corporation Class Action: The Gross Law Firm Reminds Anavex Life Sciences Investors of the Pending Class Action Lawsuit with a Lead Plaintiff Deadline of May 13, 2024 - AVXL • PR Newswire (US) • 04/05/2024 09:45:00 AM
- Shareholders that lost money on Anavex Life Sciences Corporation(AVXL) should contact The Gross Law Firm about pending Class Action - AVXL • PR Newswire (US) • 04/02/2024 09:45:00 AM
- Lost Money on Anavex Life Sciences Corporation(AVXL)? Join Class Action Suit Seeking Recovery - Contact The Gross Law Firm • PR Newswire (US) • 03/29/2024 09:45:00 AM
- Investors who lost money on Anavex Life Sciences Corporation(AVXL) should contact The Gross Law Firm about pending Class Action - AVXL • PR Newswire (US) • 03/26/2024 09:45:00 AM
- Anavex Life Sciences to Present at the 23rd Annual Needham Virtual Healthcare Conference • GlobeNewswire Inc. • 03/25/2024 11:30:00 AM
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