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Stock impact report

Anavex Life Sciences Corp. (NASDAQ:AVXL) Is Expected To Breakeven In The Near Future [Yahoo! Finance]

Anavex Life Sciences Corp. (AVXL) 
NASDAQ:AMEX Investor Relations: anavex.com/share-data
Company Research Source: Yahoo! Finance
Anavex Life Sciences Corp., a clinical stage biopharmaceutical company, engages in the development of therapeutics for the treatment of central nervous system diseases in the United States. The company's loss has recently broadened since it announced a US$43m loss in the full financial year, compared to the latest trailing-twelve-month loss of US$46m, moving it further away from breakeven. The most pressing concern for investors is Anavex Life Sciences' path to profitability – when will it breakeven? We've put together a brief outline of industry analyst expectations for the company, its year of breakeven and its implied growth rate. See our latest analysis for Anavex Life Sciences Consensus from 3 of the American Biotechs analysts is that Anavex Life Sciences is on the verge of breakeven. They anticipate the company to incur a final loss in 2025, before generating positive profits of US$325m in 2026. So, the company is predicted to breakeven just over a year from today. What rate Show less Read more
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