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Biogen Agreement Further Validates Anavex Life Sciences (AVXL) AV2-73 - FBR

Go back to Biogen Agreement Further Validates Anavex Life Sciences (AVXL) AV2-73 - FBR

Anavex Life Sciences (AVXL) Surges Higher; Stock Up 47%

September 28, 2016 10:12 AM EDT

Anavex Life Sciences (NASDAQ: AVXL) surges to highs following this morning's testing deal with Biogen (NASDAQ: BIIB). Shares are up 46.8% on volume that is 37x normal.

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Biogen (BIIB) to Test Anavex Life Sciences (AVXL) Lead Drug Candidate ANAVEX 2-73

September 28, 2016 7:02 AM EDT

Anavex Life Sciences Corp. (Nasdaq: AVXL) signed a material transfer agreement with Biogen (NASDAQ: BIIB) under which Biogen will test Anavexs lead drug candidate, ANAVEX 2-73 in an oligodendrocyte precursor cell (OPC) differentiation assay. A... More