Market PotentialThe stock is viewed as significantly undervalued from a longer-term perspective, due to the high unmet need in Alzheimer's disease and the large potential market.
Regulatory ApprovalThe FDA granted clearance to Annovis Bio to proceed with pivotal Phase 3 studies of its lead candidate buntanetap.
Study DesignAnnovis announced that the FDA has accepted the updated protocol for the pivotal P3 Alzheimer's study, allowing the company to conduct a single study, instead of two separate ones, streamlining the development timeline and likely reducing costs.