Investornewsbreaks Annovis Bio Inc. (NYSE: ANVS) Advances Alzheimer's And Parkinson's Pipeline, Launches Pivotal Phase 3 Trial

(MENAFN- Investor Brand Network) Annovis Bio (NYSE: ANVS) , a late-stage clinical drug platform company, reported fourth quarter and full year 2024 results, highlighting major milestones in its buntanetap program for Alzheimer's and Parkinson's disease. The company completed two key trials last year, showing cognitive and motor improvements, leading to FDA clearance for a pivotal Phase 3 trial in early Alzheimer's, which began in early 2025. Annovis also expanded its patent portfolio, strengthened its leadership, and increased investor engagement. Financially, R&D expenses dropped to $20 million for the year, with net loss per share improving to $2.02 basic from $6.23 in 2023. Cash on hand rose to $10.6 million, with additional funding extending runway into Q4 2025.

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About Annovis Bio Inc.

Annovis Bio, headquartered in Malvern, Pennsylvania, is committed to addressing neurodegeneration in diseases such as Alzheimer's and Parkinson's. The company is developing innovative therapies that target multiple neurotoxic proteins, with the goal of restoring brain function and improving the quality of life for patients.

For more information, visit the company's website at , and social channels LinkedIn , X and YouTube .

NOTE TO INVESTORS: The latest news and updates relating to ANVS are available in the company's newsroom at

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