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0.00130206637934399 -0.0104295516985456 -0.033866746526738 -0.0156378172159217 -0.0182419499746097 0.0100389317847424 0.026028306923087 0.0520696345099673
Stock impact report

Annovis (ANVS) Up as Its Lead Candidate Meets Goals in PD Study [Yahoo! Finance]

Annovis Bio, Inc. (ANVS) 
Company Research Source: Yahoo! Finance
20mg) of its lead product candidate, buntanetap, for treating Parkinson's disease (PD). Per the company, treatment with the candidate demonstrated a safe and effective improvement in motor and non-motor activities and improved cognitive functions in patients with early PD. Annovis' shares surged 76.1% on Jul 2 following the encouraging news. Buntanetap, an orally available small molecule, has a unique mechanism of action that allows the candidate to reverse neurodegeneration by inhibiting the formation of multiple neurotoxic proteins, including amyloid beta, tau, alpha-synuclein and TDP43. Please note that the phase III study was completed in December 2023, with an original plan for data announcement in the first quarter of 2024. Due to a delay in the process of organizing and cleaning data, Annovis announced the unblinding of the phase III PD study data in May 2024 followed by the top-line efficacy and safety data in the latest press release. It was observed that patients who w Show less Read more
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