Noble Capital Markets announced today that it has initiated research coverage on Anavex Life Sciences Corp. (AVXL) The report was issued by Noble's Head of Biotechnology Research, Kumar Raja, PhD.
Anavex Life Sciences is a biopharmaceutical company developing innovative therapies for neurological disorders and cancer. The company uses its SIGMACEPTOR ™ Discovery Platform to develop novel drugs that target neurological and neurodegenerative diseases, such as Alzheimer's, Parkinsons's, Rett Syndrome and different forms of cancers.
The lead product candidate, ANAVEX 2-73, is on path for a Phase 2/3 in Alzheimer's disease and a Phase 2 study in Rett's Syndrome. In previous trials, ANAVEX 2-73 has exhibited a high affinity and selection to sigma-1 receptors, and has shown synergistic action with other receptors, such as Muscarinic and N-methyl-D-aspartate (NMDA) in clinical trials. The drug has also displayed a favorable side effect profile, which can be beneficial to patients and advantageous when compared to current treatments.
The full report and disclosures can be accessed by clicking here
For further information please contact Steve Rashkin at 561-994-5738
About Noble Capital Markets
Noble Capital Markets established in 1984, is an equity-research driven, full-service, investment & merchant banking boutique focused on the healthcare, media & entertainment, technology and natural resources sectors. The company has offices in Boca Raton (HQ), New York and Boston. In addition to the annual multi-sector NobleCon, each year Noble hosts numerous "non-deal" corporate road shows and sector-specific conferences such as the Media, Finance & Investor Conference offered in partnership with the National Association of Broadcasters (NAB).
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Please see disclosure, valuation methods, price charts, and ratings histories available in the complete research report, available by clicking here or contacting Noble Capital Markets at 561-994-5738. The securities covered by or mentioned in the reports involve substantial risk and should generally be purchased only by investors able to accept such risk.
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