Anavex Life Sciences Corp (AVXL)

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Good answer. The company obviously wants to present the data in the most positive way but they can't hold onto TLD too long as the data is material. The typical timeline is analysis of the topline data in a thorough but rapid manner after data scrubbing and imputation by the CRO -- the company is blind to results during this stage. Results are disclosed to the C level people at Anavex. They will mull things over to determine what to emphasize and write a PR over the next week or two. Secondary endpoints are evaluated later and, for Anavex, Missling will likely want to get Afshar/Ariana involved to do deeper dives into the data and associations. This more detailed data will be presented at an appropriate conference with a PR shortly before the talk/poster. This could be several months to many months after TLD release.