Annovis Bio Showcases Promising Progress In Novel Drug Development At The 2023 Clinical Trials On Alzheimer's Disease Conference
Portfolio Pulse from Benzinga Newsdesk
Annovis Bio, Inc. (NYSE:ANVS) presented promising results from its drug development for neurodegenerative diseases at the Clinical Trials on Alzheimer's Disease (CTAD) 2023 conference. The drug, buntanetap, inhibits the production of neurotoxic proteins responsible for Alzheimer's and Parkinson's diseases. The findings have been replicated in all human phase I and II trials to date, demonstrating decreased levels of toxic proteins, improved axonal transport, reduced inflammation, and neuroprotection. The company is currently in phase III trials and discussing the path forward with the FDA.
October 24, 2023 | 1:15 pm
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Annovis Bio's drug buntanetap has shown promising results in treating neurodegenerative diseases. The drug is currently in phase III trials and the company is discussing the path forward with the FDA.
The promising results from the drug trials could potentially lead to a new treatment for neurodegenerative diseases, which would significantly boost the company's value. The fact that the company is in discussions with the FDA about the path forward indicates that they are making progress in their drug development.
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