Annovis Bio (NYSE: ANVS), a late-stage clinical drug platform company, has announced new data from its Phase III study of Parkinson’s candidate buntanetap.
Buntanetap is a novel small molecule that inhibits the production of multiple neurotoxic proteins by reducing the translation of specific mRNAs into toxic proteins.
Shares in the company leapt around 75% following the results, which show safety and effectiveness in improving motor and non-motor activities, as well as cognitive functions, in patients with early Parkinson’s disease.
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