NEW YORK, Feb. 7, 2017 /PRNewswire/ -- Noble Capital Markets announced today that it has initiated research coverage
Anavex Life Sciences is a biopharmaceutical company developing innovative therapies for neurological disorders and cancer. The company uses its SIGMACEPTOR ™ Discovery Platform to develop novel drugs that target neurological and neurodegenerative diseases, such as Alzheimer's, Parkinsons's, Rett Syndrome and different forms of cancers.
The lead product candidate, ANAVEX 2-73, is on path for a Phase 2/3 in Alzheimer's disease and a Phase 2 study in Rett's Syndrome. In previous trials, ANAVEX 2-73 has exhibited a high affinity and selection to sigma-1 receptors, and has shown synergistic action with other receptors, such as Muscarinic and N-methyl-D-aspartate (NMDA) in clinical trials. The drug has also displayed a favorable side effect profile, which can be beneficial to patients and advantageous when compared to current treatments.
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Noble Capital Markets established in 1984, is an equity-research driven, full-service, investment & merchant banking boutique focused on the healthcare, media & entertainment, technology and natural resources sectors. The company has offices in Boca Raton (HQ), New York and Boston. In addition to the annual multi-sector NobleCon, each year Noble hosts numerous "non-deal" corporate road shows and sector-specific conferences such as the Media, Finance & Investor Conference offered in partnership with the National Association of Broadcasters (NAB).
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SOURCE Noble Capital Markets
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