Anavex Life Sciences Corp (AVXL)

[Investor2014]

I don't think the CHMP have been fooled, but some have into thinking there is an 85% chance of approval.

All we have just now is an agreement that Anavex can summit an MAA. Now we wait for that to happen and for it to be validated as the first step towards eventually learning if A2-73 will be approved in AD.

Meanwhile, the fumble topline readouts of the P2b/3, AVATAR and EXCELLENCE trials is what we've got and that is reflected in the price of $AVXL.

It is in fact that simple and straightforward!