Anavex Life Sciences Corp (AVXL)

[Steady_T]

Avxl hasn't tanked. It hasn't soared as expected.

Avxl is in a holding pattern until there is clear results from an agency, either pass or fail.

It remains to be seen what Missling's strategy is moving forward. I suspect he is waiting for guidance from the FDA on Rett to decide what to do vis a vis AD. Obviously Anavex has started the process with the EGA. The timing on that process doesn't preclude Rett obtaining a voucher.

If the FDA says it wants an new Rett trial my guess is that Missling will go full out on AD.

In the mean time the company is moving ahead on schizophrenia and hopefully announcing other trials soon.

As a friend of mine pointed out one time, it is important not to make a decision until it is necessary to make that decision.