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Stock impact report

Annovis Bio Provides Corporate Updates and Announces First Quarter 2024 Financial Results [Yahoo! Finance]

Annovis Bio, Inc. (ANVS) 
Company Research Source: Yahoo! Finance
developing novel therapies for neurodegenerative diseases, provided updates from across the organization and announced first quarter financial results. Clinical Updates AD Phase II/III Study On April 29, Annovis announced statistically significant Phase II/III data in patients with early Alzheimer's disease (AD). Significantly higher rate of improvement in ADAS-Cog 11 scores in each treatment dose relative to placebo for patients with mild AD; Improvement in cognition measured by ADAS-Cog 11 at three months was 3.3 points as compared to 0.3 for placebo, consistent with previous Phase II AD/PD and Discovery studies; Plasma Tau protein levels were reduced, consistent with previous Phase II biomarker data. Based on the findings of this short study, Annovis plans to conduct a pivotal 18-month disease-modifying Phase III trial in biomarker-positive early AD patients. PD Phase III Study On January 24, Annovis refined the timeline for Parkinson's disease (PD) Phase III data Show less Read more
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