Curated News
By: NewsRamp Editorial Staff
July 22, 2024
Annovis Bio Releases Positive Data from Phase III Parkinson's Disease Study
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- Investors gain 76% surge in stock price from positive Parkinson's Disease trial results for Annovis Bio's buntanetap
- The study demonstrates buntanetap's effectiveness in enhancing motor, cognitive, and non-motor functions in Parkinson's Disease patients
- Buntanetap offers hope for Parkinson's Disease patients by halting cognitive decline and improving motor and cognitive functions
- Annovis Bio's buntanetap shows promising results in enhancing motor and cognitive functions in Parkinson's Disease patients
Impact - Why it Matters
This news matters because it highlights the potential of buntanetap to address critical unmet needs in neurodegenerative disease treatment. The positive results from the study show promise in enhancing the quality of life for Parkinson’s Disease patients and indicate a significant market impact, as reflected by the surge in the company’s stock price.
Summary
Annovis Bio (NYSE: ANVS) has released new data from its Phase III study of buntanetap for early Parkinson’s Disease, showing effectiveness in enhancing motor and cognitive functions, as well as non-motor activities. Following the announcement, the company’s stock price surged by 76%, reflecting strong investor confidence in buntanetap’s potential. The study has also revealed that buntanetap not only halted cognitive decline but also led to improvements in 12% of Parkinson’s Disease patients.
Source Statement
This curated news summary relied on this press release disributed by InvestorBrandNetwork (IBN). Read the source press release here, Annovis Bio Releases Positive Data from Phase III Parkinson's Disease Study
