Anavex Life Sciences Corp (AVXL)

[XenaLives]

Not OT - putting OT at the top of a post like this would would not make it on topic, LOL!

From the Biopath sticky:


Company description:

Bio-Path is engaged in the business of financing and commercializing novel cancer therapeutics acquired from MD Anderson Cancer Center. Their first Antisense drug BP-1001, known as Prexigebersen has completed a partial phase II combination trial (with LDAC). The interim results demonstrated 47% of the patients showed early anti-leukemic activity.

www.biopathholdings.com/wp-content/uploads/2018/04/BPTH_Interim_Phase_2_AML_Data_Release.pdf

The Prexigebersen phase II trials for AML are located at MD Anderson, Weill Cornell Medical College Presbyterian Hospital, Baylor, New Jersey Hematology Oncology Associates, West Virginia University and University of Kansas.

Bio-Path Holdings is focused on antisense drugs which work at a cellular level to interrupt protein production by the diseased cell. The lead drug, Prexigebersen is targeting the Grb-2 protein. Bio Path Holdings' delivery system is a small molecule neutral liposome system. Through the phase 2 of the combination trial for Prexigebersen there has been absolutely no toxicity. The results of testing performed by Bio Path demonstrates an uptake of the drug at a cellular level. The pErk results demonstrate not only a 50+% knockdown of the target protein but shows the pathway was shut down validating the delivery system. The purpose of phase 2 will be to test the effectiveness of the drug. Interim results are positive.

A CML combination drug safety study with Sprycel (Dasatinib) for Prexigebersen has begun at MD Anderson.

Patent protection for manufacturing their neutral lipid delivery system has been granted.

I was looking at this company this morning:


Info on the stock:


Above from: https://bciq.biocentury.com/companies/probiodrug_ag

The history on this page is interesting, including a 2014 partnership to "develop assays to detect Alzheimer's disease".. and consistent VC funding over a long period of time, then a 2014 IPO.

I can't cut and paste from the page.


Speculation Warning -

Paul Aisen board links from Bloomberg are Anavex, Medivation (bought by Pfizer in 2016) and Probiodrug AG:

https://www.bloomberg.com/research/stocks/people/relationship.asp?personId=20759834&ticker=AVXL&previousCapId=26606238&previousTitle=OrgSyn%2520Laboratory%252C%2520Inc.

Would Probiodrug AG be a suitable M&A for Anavex?