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Annovis Bio Inc. On the Rise After Releasing Alzheimer’s, Parkinson’s Study Results
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Annovis Bio Inc.
(NASDAQ: ANVS)
surged over 41% in premarket trading after the company announced new results from a double-blind, placebo-controlled study of ANVS401, its lead drug candidate for the treatment of AD and PD.
Patients treated with ANVS401 for 25 days showed statistically significant cognitive improvement as measured by the Alzheimer’s Disease Assessment Scale-Cognitive Subscale 11.
Headquartered in Berwyn, Pennsylvania, Annovis Bio, Inc. (Annovis) is a clinical-stage, drug platform company addressing neurodegeneration, such as Alzheimer’s disease (AD), Parkinson’s disease (PD) and Alzheimer’s in Down Syndrome (AD-DS). We believe that we are the only company developing a drug for AD, PD and AD-DS that inhibits more than one neurotoxic protein and, thereby, improves the information highway of the nerve cell, known as axonal transport. When this information flow is impaired, the nerve cell gets sick and dies. We expect our treatment to improve memory loss and dementia associated with AD and AD-DS, as well as body and brain function in PD.
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Annovis Bio Inc.
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“The Buzz” Show: Annovis Bio Inc. (NASDAQ: ANVS) Releases Alzheimer’s, Parkinson’s Study Results
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“The Buzz” Show: Annovis Bio Inc. (NASDAQ: ANVS) Releases Alzheimer’s, Parkinson’s Study Results