Anavex Life Sciences Corp (AVXL)

[falconer66a]

Right to Try Not Likely

Use of new "right to try" provisions of anticipated or in-process legal maneuvers for Alzheimer's patients wanting to try Anavex 2-73 is not likely to be allowed. Anavex lawyers, most likely, will tell the company to not make the drug available outside of formal FDA approval of the drug, for anticipated (however minute) liability reasons. If even one person taking Anavex 2-73 under new "right to try" laws got any sort of untoward outcome, such as a heart attack, even if covered by the right to try law, Anavex Life Sciences Corp could be tied up in any number and sort of legal machinations and procedures it simply wouldn't wish to contend with.

Given the propensities of various portions of the legal profession to undertake actions against "big companies" for putatively altruistic purposes (ha), I seriously doubt Anavex Life Sciences Corp will ever allow its drugs to be sold or used in a "right to try" setting. Very quickly, that becomes a "right to try" for lawyers --- right to go to trial.