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0 0 0.0209125475285172 0.0209125475285172 0.0065969581749051 0.00190114068441077 -0.00190114068441061 0.00760456273764259
Stock impact report

Annovis Bio CEO Maria Maccecchini Issues Letter to Stockholders

Annovis Bio, Inc. (ANVS) 
Company Research Source: GlobeNewswire
MALVERN, Pa., May 06, 2024 (GLOBE NEWSWIRE) -- Annovis Bio, Inc. (NYSE: ANVS) (“Annovis” or the “Company”), a clinical-stage drug platform company developing novel therapies for neurodegenerative diseases, announced that Maria Maccecchini, Founder, President, and CEO of Annovis, issued a letter to stockholders providing a review of Phase II/III data from its Alzheimer’s study and sharing next steps. Dear Friends, The last few days have been very difficult. I received a lot of emails and phone calls that often expressed anger, uncertainty, and disappointment. Additionally, our results were questioned and criticized. This reaction not only caused a drastic drop in our share price, but, more importantly, it saddened the Annovis team. We are determined to develop a drug that treats Alzheimer’s (AD) and Parkinson’s diseases (PD) and makes the life of the afflicted people and their caretakers easier. However, every setback makes it harder to reach this goal. At Annovis, we hold rigorou Show less Read more
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