Anavex Finds EXCELLENCE Trial To Be Ironically Named

A failure in children with Rett syndrome sees the company’s market value cut by more than a third.

Nearly two years ago, Anavex Life Sciences Corp. posted iffy results with blarcamesine in a Phase III trial in adult Rett syndrome patients, prompting a share price fall. Now history has repeated, after a fashion, with data from a late-stage trial of the same drug in pediatric Rett patients sending the stock down 35%.

Key Takeaways

Anavex’s blarcamesine has failed in a Phase II/III trial in pediatric Rett syndrome patients

The company appeared to claim a hit on one of the EXCELLENCE trial’s two primary endpoints, saying the product “showed...

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