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Stock impact report

Annovis Bio: Progress With Buntanetap In Parkinson's Disease, But Cash Runway Concerns Loom [Seeking Alpha]

Annovis Bio, Inc. (ANVS) 
Company Research Source: Seeking Alpha
14min Summary Annovis Bio's Buntanetap shows promising results in treating Alzheimer's and Parkinson's, with significant cognitive and motor function improvements in Phase 2/3 and Phase 3 trials. The drug also improved motor function in Phase 3 Parkinson's trials, especially in advanced cases and PIGD patients. Buntanetap's mechanism of action targets neurotoxic proteins, offering symptomatic and possibly disease-modifying benefits, making it a valuable IP for combination therapies. Buntanetap showed statistically significant cognitive improvement in Phase 2/3 Alzheimer's trials, particularly at 15mg and 30mg doses. Unfortunately, its short cash runway can't be ignored. So, I maintain a "hold" rating on ANVS until it secures more long-term financing. Daria Kulkova/iStock via Getty Images Annovis Bio, Inc. ( NYSE: ANVS ) develops treatments for neurodegenerative diseases like Alzheimer's, Parkinson's, and Lewy Body Dementia. The company targets alterations in axonal tr Show less Read more
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