Anavex Life Sciences Corp (AVXL)

[nidan7500]

Lane Simonian-seeking alpha 6/02/22

[Despite a recent substantial drop in stock value (which has affected almost all drug companies working in the Alzheimer's space), Anavex has more than sufficient resources to complete its current trials: approximately $150 million in cash and cash equivalents (fiscal report). It is ahead of many of its competitors such as Cassava Sciences, Alector (ALEC), Athira (ATHA), and Annovis (ANVS) in terms of completion of a large-scale clinical trial for Alzheimer's disease. Based on its apparent mechanism of action and previous trial results, Anavex has the potential to set a benchmark which its competitors may not be able to reach./quote]

Looks good enough to make a mark...IMO.