Anavex Life Sciences Shares Rise After Positive Trial Results for Alzheimer's Treatment

Dow Jones

01-16

By Chris Wack

Anavex Life Sciences shares were up 7% to $11.25 after the company said it saw positive trial results for its oral blarcamesine for the treatment of early Alzheimer's disease.

The clinical-stage biopharmaceutical company said the once-daily oral blarcamesine significantly slowed clinical progression by 36.3% at 48 weeks.

The phase 2b study demonstrated a safety profile with no associated neuroimaging adverse events.

Anavex said oral blarcamesine could represent a novel treatment in early Alzheimer's disease and be complementary or alternative to injectable anti-beta amyloid drugs.

The stock hit its 52-week high of $14.44 on Dec. 26, and is up 88% in the past 12 months.

Write to Chris Wack at chris.wack@wsj.com

(END) Dow Jones Newswires

January 15, 2025 13:50 ET (18:50 GMT)

Copyright (c) 2025 Dow Jones & Company, Inc.

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Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"AVXL","symbol_name":"Anavex Life Sciences Corp.","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2503239675","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2503239675","pubTimestamp":1736967000,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"Anavex Life Sciences shares were up 7% to $11.25 after the company said it saw positive trial results for its oral blarcamesine for the treatment of early Alzheimer's disease.The clinical-stage biopharmaceutical company said the once-daily oral blarcamesine significantly slowed clinical progression by 36.3% at 48 weeks.The phase 2b study demonstrated a safety profile with no associated neuroimaging adverse events.Anavex said oral blarcamesine could represent a novel treatment in early Alzheimer's disease and be complementary or alternative to injectable anti-beta amyloid drugs.The stock hit its 52-week high of $14.44 on Dec. 26, and is up 88% in the past 12 months.","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"AVXL":"Anavex Life Sciences Corp.","BK4139":"生物科技"},"translate_title":"阿尔茨海默病治疗试验结果积极后，Anavex Life Sciences股价上涨","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"AVXL":1},"content_text":"By Chris Wack \n\n\n \n\n\n  Anavex Life Sciences shares were up 7% to $11.25 after the company said it saw positive trial results for its oral blarcamesine for the treatment of early Alzheimer's disease. \n\n\n  The clinical-stage biopharmaceutical company said the once-daily oral blarcamesine significantly slowed clinical progression by 36.3% at 48 weeks. \n\n\n  The phase 2b study demonstrated a safety profile with no associated neuroimaging adverse events. \n\n\n  Anavex said oral blarcamesine could represent a novel treatment in early Alzheimer's disease and be complementary or alternative to injectable anti-beta amyloid drugs. \n\n\n  The stock hit its 52-week high of $14.44 on Dec. 26, and is up 88% in the past 12 months. \n\n\n \n\n\n  Write to Chris Wack at chris.wack@wsj.com \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  January 15, 2025 13:50 ET (18:50 GMT)\n\n\n  Copyright (c) 2025 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"2","news_tag":"dataReport","news_rank":0,"symbols":[],"gpt_button":1,"code":"91000000","status":"200"}}}