Anavex Life Sciences

Anavex Life Sciences

AVXL
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AVXL · Stock Price

USD 3.12-5.13 (-62.18%)
Market Cap: $294.2M

Historical price data

Market Cap: $294.2MPipeline: 11 drugs (4 Phase 3)Patents: 20Founded: 2003Employees: 11-50HQ: New York, United States

Overview

Anavex Life Sciences is a clinical-stage biotech focused on developing oral therapeutics for central nervous system (CNS) disorders by targeting the sigma-1 receptor (SIGMAR1). Its lead asset, blarcamesine, has generated pivotal clinical data in Alzheimer's disease and holds Orphan Drug Designation for Rett syndrome, positioning it in multi-billion dollar markets with high unmet need. The company operates with a lean, virtual model, advancing a precision medicine platform that aims to modify disease pathology rather than just alleviate symptoms.

Neurodegenerative DiseasesNeurodevelopmental Disorders

Technology Platform

The SIGMACEPTOR™ Discovery Platform focuses on developing small molecule agonists that activate the sigma-1 receptor (SIGMAR1), a chaperone protein at the mitochondrion-associated ER membrane, to restore cellular homeostasis, enhance autophagy, and provide neuroprotection.

Pipeline

11
11 drugs in pipeline4 in Phase 3
DrugIndicationStageWatch
ANAVEX2-73 + PlaceboRett SyndromePhase 3
ANAVEX2-73 oral liquid + Placebo oral liquidRett SyndromePhase 2/3
ANAVEX2-73Alzheimer DiseasePhase 2/3
High dose ANAVEX2-73 + Mid dose ANAVEX2-73 + Placebo oral ca...Alzheimer DiseasePhase 2/3
ANAVEX3-71 oral capsules + Placebo oral capsulesSchizophreniaPhase 2

Funding History

3
Total raised:$60M
PIPE$30M
PIPE$25M
IPO$5M

Company Timeline

2003Founded

Founded in New York, United States

2006IPO

IPO — $5.0M

2015PIPE

PIPE: $25.0M

2017PIPE

PIPE: $30.0M