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Anavex screens first subject in alzheimer’s dug trial

Anavex Life Sciences has screened first subject in a randomized, placebo-controlled, dose-escalating ANAVEX 2-73 Phase I clinical study in alzheimer's patients.

ANAVEX 2-73 is a new class of oral, disease-modifying drug being studied to potentially treat alzheimer’s disease itself, versus treating its symptoms.

The Phase 1 study will evaluate the safety, tolerability and pharmacokinetics of ANAVEX 2-73 to determine the maximally tolerated dose in humans.

Anavex executive chairman Cameron Durrant said they are excited that the first human study for ANAVEX 2-73 is underway.

"ANAVEX 2-73 has been more than a decade in the making, so this event marks a great milestone for our company," Durrant said.