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Downing v. Anavex Life Sciences Corporation — Entry #23: DECLARATION of Theodore L

Case: Downing v. Anavex Life Sciences Corporation nysd · 1:24-cv-03529

filed May 08, 2024

What this document is

Docket entry #23 · filed August 23, 2024

DECLARATION of Theodore L. Kornobis in Support re: 22 MOTION to Dismiss .. Document filed by Anavex Life Sciences Corporation, Christopher U. Missling. (Attachments: # 1 Exhibit Form 10-K, # 2 Exhibit Form 10-K, # 3 Exhibit Press Release, # 4 Exhibit Transcript, # 5 Exhibit Presentation, # 6 Exhibit Report, # 7 Exhibit Earnings Call, # 8 Exhibit Transcript, # 9 Exhibit Press Release, # 10 Exhibit Press Release, # 11 Exhibit Press Release).(Kornobis, Theodore) (Entered: 08/23/2024)

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Case 1:24-cv-03529-CM   Document 23-10   Filed 08/23/24   Page 1 of 4


                Case 1:24-cv-03529-CM             Document 23-10      Filed 08/23/24      Page 2 of 4
Jun 12, 2023


Anavex Life Sciences Reports Publication in
Medical Journal for Continued Commitment to
Improve RSBQ
                                      Rett Syndrome Caregiver Outcome Measure


NEW YORK – June 12, 2023
Anavex Life Sciences Corp. (“Anavex” or the “Company”) (Nasdaq: AVXL), a clinical-stage biopharmaceutical company
developing differentiated therapeutics for the treatment of neurodegenerative and neurodevelopmental disorders
including Alzheimer’s disease, Parkinson’s disease, Rett syndrome and other central nervous system (CNS) disorders,
today announced the publication of a relevant new peer-reviewed study in the American Journal on Intellectual and
Developmental Disabilities, entitled ‘Rett Syndrome Behaviour Questionnaire in Children and Adults With Rett Syndrome:
Psychometric Characterization and Revised Factor Structure’.[1]


The study reports distribution of scores and other statistical features of the Rett Syndrome Behaviour Questionnaire
(RSBQ) in more than 600 children and adults with Rett syndrome. It also re-examines the structure of the questionnaire,
specifically the grouping of questions (items) into different subscales. This evaluation led authors to propose some
changes to the organization of the questions (i.e., revised subscales). The study, which represents the largest ever
analysis of the RSBQ and the first report of the instrument in adults with Rett Syndrome, was the result of an
international collaboration including anonymized databases from the United States, Australia, United Kingdom, and
Denmark. The ultimate goal of the project was to provide reference values and other metrics of the RSBQ for its clinical
application and implementation in research studies. The study was partially funded by a grant from the International


                  Case 1:24-cv-03529-CM            Document 23-10          Filed 08/23/24       Page 3 of 4
Rett Syndrome Foundation (IRSF). All analyses performed in the study are available to the community through a website
hosted by IRSF.


The RSBQ was developed by a British team of clinicians and researchers to better delineate behavioral problems in
children with Rett syndrome. Over the course of the following two decades, the use of the RSBQ has been expanded to
observational studies in adults with Rett syndrome and efficacy assessments. The RSBQ’s implementation as global
outcome measures in FDA-regulated clinical trials is the result of its comprehensive nature since the questionnaire
includes not only behaviors but also behavior-related symptoms. Indeed, most regulated trials include as co-primary
efficacy endpoints the RSBQ, as a caregiver measure, and the Clinical Global Impression of Improvement (CGI-I) as an
investigator assessment. For all these reasons, this psychometric study is timely and significant, providing additional
support for the use of the RSBQ in children and adults as well as reference values and revised subscales for its improved
use.


In the EXCELLENCE Phase 2/3 ANAVEX®2-73-RS-003 Rett syndrome pediatric clinical trial, the characterized Rett
Syndrome Behaviour Questionnaire (RBSQ), together with the Clinical Global Impression Improvement Scale (CGI-I),
represent the co-primary efficacy endpoints of the study.


“This paper is a further demonstration of Anavex’s involvement as part of the team of clinicians and commitment to the
rare disease and especially to the Rett syndrome community,” said Christopher U Missling, PhD, President and Chief
Executive Officer of Anavex. "We are looking forward to the topline data from the EXCELLENCE Phase 2/3
ANAVEX®2-73-RS-003 Rett syndrome pediatric clinical trial in the second half of 2023.”


The paper can be accessed online at: https://pubmed.ncbi.nlm.nih.gov/37104862/.


About Rett Syndrome
Rett syndrome is a devastating, non-inherited genetic post-natal progressive neurodevelopmental disorder that occurs
almost exclusively in girls and leads to severe impairments, affecting nearly every aspect of the child’s life: their ability to
speak, walk, eat and easily breathe. The hallmark of Rett syndrome is near constant repetitive hand movements while
awake. The disease is characterized by normal early growth and development (6 to 18 months) followed by a slowing of
development, loss of purposeful use of the hands, distinctive hand movements, autistic features, slowed brain and head
growth, ataxia, seizures and intellectual disability.
Rett syndrome is caused by mutations in the MECP2 gene and strikes all racial and ethnic groups. The disease occurs
worldwide in approximately one in every 10,000 to 15,000 live births. The population of patients with Rett syndrome is
estimated to be approximately 11,000 patients in the U.S. There is currently no cure for Rett syndrome.


About Anavex Life Sciences Corp.
Anavex Life Sciences Corp. (Nasdaq: AVXL) is a publicly traded biopharmaceutical company dedicated to the
development of novel therapeutics for the treatment of neurodegenerative and neurodevelopmental disorders,
including Alzheimer's disease, Parkinson's disease, Rett syndrome, and other central nervous system (CNS) diseases,
pain, and various types of cancer. Anavex's lead drug candidate, ANAVEX®2-73 (blarcamesine), has successfully
completed a Phase 2a and recently a Phase 2b/3 clinical trial for Alzheimer's disease, a Phase 2 proof-of-concept study
in Parkinson's disease dementia, and both a Phase 2 and a Phase 3 study in adult patients with Rett syndrome.
ANAVEX®2-73 is an orally available drug candidate that restores cellular homeostasis by targeting sigma-1 and


                   Case 1:24-cv-03529-CM         Document 23-10          Filed 08/23/24      Page 4 of 4
muscarinic receptors. Preclinical studies demonstrated its potential to halt and/or reverse the course of Alzheimer's
disease. ANAVEX®2-73 also exhibited anticonvulsant, anti-amnesic, neuroprotective, and anti-depressant properties in
animal models, indicating its potential to treat additional CNS disorders, including epilepsy. The Michael J. Fox
Foundation for Parkinson's Research previously awarded Anavex a research grant, which fully funded a preclinical study
to develop ANAVEX®2-73 for the treatment of Parkinson's disease. ANAVEX®3-71, which targets sigma-1 and M1
muscarinic receptors, is a promising clinical stage drug candidate demonstrating disease-modifying activity against the
major hallmarks of Alzheimer's disease in transgenic (3xTg-AD) mice, including cognitive deficits, amyloid, and tau
pathologies. In preclinical trials, ANAVEX®3-71 has shown beneficial effects on mitochondrial dysfunction and
neuroinflammation. Further information is available at www.anavex.com. You can also connect with the company on
Twitter, Facebook, Instagram, and LinkedIn.


Forward-Looking Statements
Statements in this press release that are not strictly historical in nature are forward-looking statements. These
statements are only predictions based on current information and expectations and involve a number of risks and
uncertainties. Actual events or results may differ materially from those projected in any of such statements due to
various factors, including the risks set forth in the Company’s most recent Annual Report on Form 10-K filed with the
SEC. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the
date hereof. All forward-looking statements are qualified in their entirety by this cautionary statement and Anavex Life
Sciences Corp. undertakes no obligation to revise or update this press release to reflect events or circumstances after
the date hereof.


For Further Information:
Anavex Life Sciences Corp.
Research & Business Development
Toll-free: 1-844-689-3939
Email: [email protected]


Investors:
Andrew J. Barwicki
Investor Relations
Tel: 516-662-9461
Email: [email protected]


[1] Oberman LM, Leonard H, Downs J, Cianfaglione R, Stahlhut M, Larsen JL, Madden KV, Kaufmann WE. Rett
Syndrome Behaviour Questionnaire in Children and Adults With Rett Syndrome: Psychometric Characterization and
Revised Factor Structure. Am J Intellect Dev Disabil. 2023 May 1;128(3):237-253. doi: 10.1352/1944-7558-
128.3.237.PMID: 37104862.