Annovis Bio's Alzheimer's Candidate To Proceed Into Final Cohort Of Mid-Stage Study, Data Expected In 2022

  • Data Safety Monitoring Board (DSMB) has reviewed safety and tolerability data for Cohort 2 of Annovis Bio Inc's ANVS Phase 2 Alzheimer's disease trial evaluating ANVS401.
  • The DSMB has approved the study to proceed with Cohort 3, the final cohort of the study. 
  • Funding for this research was provided by a grant from the National Institutes on Aging. The study is run by the Alzheimer's Disease Cooperative Study (ADCS) at the University of California San Diego School of Medicine.
  • The safety evaluation of Cohort 2, conducted by the DSMB, reviewed data from an additional eight patients treated with ANVS401 at a dosage of 120 mg per day (2x60 mg) or placebo.
  • The final data readout from the study is expected next year.
  • Price Action: ANVS shares are down 1.58% at $98.92 during the market session on the last check Tuesday.
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