Anavex Life Sciences Corp (AVXL)

[Amatuer17]

“ Biogen looked at A2-73 carefully and walked away.”

Completely agree. We have seen time and again, BP make BO or collaboration offers very quickly if they see potential. (Even investors also do the same - depending on what their DD says and conviction they have, they decide to invest or sell the stock)

The fact that after exploring-investigating A2-73 for MS, they did not move forward - it tells you that they did not find the necessary potential. M was not required to inform SH about failure or any negative response from BIIB as it was not clinical trial and more of exploration.