Clinical Trial ResultsThe subgroup with early AD showed a statistically significant improvement, but the results are based on very small sample sizes, raising concerns about the reliability of the data.
Financial PerformanceAnnovis Bio recorded a full-year net loss significantly wider than anticipated, with projections indicating the net loss may continue to increase.
Funding ConcernsThe company faces a potential cash shortfall, requiring an estimated $350 million to reach cash flow positivity, while current reserves are markedly insufficient.