AVXL-"We are entering 2017 with a strong balance s

AVXL-"We are entering 2017 with a strong balance sheet and a strengthened corporate and scientific advisory team coupled with encouraging 57-week safety and tolerability data for ANAVEX 2-73 in a Phase 2a clinical trial in Alzheimer's disease," said Christopher U. Missling, PhD, President and Chief Executive Officer of Anavex. "We are now able to initiate subsequent placebo-controlled efficacy and safety trials in Alzheimer's and Parkinson's disease as well as Rett syndrome, the latter of which ANAVEX 2-73 was granted Orphan Drug Designation (ODD) by the U.S. Food and Drug Administration (FDA)."

Corporate Highlights

-- February 7, 2017 -- Dr. Missling will participate today in a video roundtable panel titled Pharma Outlook for 2017, hosted by The Deal. The video roundtable will be available via webcast at http://www.thedeal.com/pharma-outlook-for-2017/ starting at 1:00 p.m. Eastern Time. -- January 30, 2017 -- Dr. Missling presented a corporate overview at the Noble Capital Markets Annual Investor Conference 2017. A video webcast replay of the presentation is available on the Company's website at http://www.anavex.com. -- January 19, 2017 -- Anavex announced that the Rettsyndrome.org has committed a financial grant of a minimum of $0.6 million to cover the majority of a planned U.S. multicenter Phase 2 clinical trial of ANAVEX 2-73 for the treatment of Rett syndrome.