In Q3 2025, Anavex Life Sciences posted a net loss of $13.2 million, reflecting increased general and administrative spending while research and development costs declined. The company maintains a strong cash position with over $101 million in reserves and expects its current cash to support operations for more than three years.
Anavex Life Sciences reported a net loss of $11.2 million for the second quarter of fiscal 2025, compared to a net loss of $10.5 million in the same period last year. The company's cash and cash equivalents stood at $115.8 million as of March 31, 2025.
Anavex Life Sciences reported its financial results for the fiscal quarter ended March 31, 2024, and provided a business update. The company is encouraged by the FDA guidance for Early Alzheimer’s disease and the progress of the Marketing Authorisation application to the European Medicines Agency (EMA) for blarcamesine related to the treatment of Alzheimer’s disease.
Anavex Life Sciences reported its financial results for the fiscal year ended September 30, 2020, highlighting significant progress across its portfolio, including positive trial results for ANAVEX®2-73 in Rett syndrome and Parkinson's disease dementia.