Anavex Life Sciences Corp (AVXL)

[rx7171]

Whenever you have many moving parts under different scientific and regulatory controls and individuals when any one can delay progress the more delays you should expect.

In Biotech the science, the money needs and regulatory agencies all have the power to delay, and why it usually takes about ten years from initiating a drug discovery program to approval.

With the vast majority never getting across the line including many with good potential that never get past the financial support barrier needed prior to any revenue.