Anavex Life Sciences Corp (AVXL): https://www.fda.gov/NewsEvents/Newsroom/...

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nidan7500

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Monday, 06/04/2018 5:54:32 PM

Monday, June 04, 2018 5:54:32 PM

https://www.fda.gov/NewsEvents/Newsroom/PressAnnouncements/ucm609647.htm

This may be a factor in why we are up so nicely today.

Posted earlier by another poster here. This reads a lot like an FDA Mea Culpa about their processes and related reversals. Dr. Gottlieb may feel obligated (June 4, 2018) due to serious and obvious FDA process management issues which we have discussed here (BP/Amyloid-BC/Chemo.

It's all about process and details. Some stealth PR's are follow up to process changes such as this. Obviously FDA have not completely thought this out based on a quick read. IMO, this FDA release has consequences, we just do not know what they are yet. But, good news is all in AVXL process wheelhouse while BP is just so screwed. Got to be a factor. Just consider how much of a turnaround in the AD space has occurred in the past 3-6 months.

Many thanks to the other poster for finding and posting it.