Anavex Life Sciences Corp. operates as a biopharmaceutical company. It engages in the development of novel therapeutics for the treatment of neurodegenerative, neurodevelopmental, and neuropsychiatric disorders, including Alzheimer's disease, Parkinson's disease, schizophrenia, Rett syndrome, and other central nervous system (CNS) diseases, pain, and various types of cancer. Its lead drug candidate, ANAVEX 2-73 (blarcamesine), which has completed a Phase 2a and a Phase 2b/3 clinical trial for Alzheimer's disease; a Phase 2 proof-of-concept study in Parkinson's disease dementia; and a Phase 2 and a Phase 3 study in adult patients and one Phase 2/3 study in pediatric patients with Rett syndrome. Its ANAVEX 2-73 is an orally available drug candidate designed to restore cellular homeostasis by targeting SIGMAR1 and muscarinic receptors. The ANAVEX 2-73 also exhibited anticonvulsant, anti-amnesic, neuroprotective, and anti-depressant properties in animal models, indicating its potential to treat additional CNS disorders, including epilepsy. The company's ANAVEX 3-71, which targets SIGMAR1 and M1 muscarinic receptors, is a clinical stage drug candidate demonstrating disease-modifying activity against the Alzheimer's disease in transgenic (3xTg-AD) mice, including cognitive deficits, amyloid, and tau pathologies. Anavex Life Sciences Corp. was incorporated in 2004 and is headquartered in New York, New York. Show more

Location: 630 5th Avenue, New York, NY, 10111, United States | Website: https://www.anavex.com | Industry: Biotechnology | Sector: Healthcare


Market Cap

969.5M

52 Wk Range

$4.93 - $14.44

Previous Close

$11.35

Open

$11.32

Volume

1,643,872

Day Range

$10.50 - $11.70

Enterprise Value

853.2M

Cash

115.8M

Avg Qtr Burn

-7.454M

Insider Ownership

3.33%

Institutional Own.

37.59%

Qtr Updated

03/31/25


Drug Pipeline

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Drug & IndicationStage & EventCatalyst Date

Phase 3

Update

Phase 3

Initiation

Phase 2/3

Update

Phase 2/3

Update

Phase 2/3

Initiation

Phase 2

Data readout