Biotech Report; Upcoming FDA Reviews and Promising Pipelines

New York, NY -- December 22, 2020 -- InvestorsHub NewsWire -- Traders News Source, a leading independent equity research and corporate access firm focused on small cap growth companies issues new research.

Anavex Life Sciences Corp. (NASDAQ: AVXL) is 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. The company recently reported top-line results from a U.S. Phase 2 randomized, double-blind, placebo-controlled trial of ANAVEX®2-73 in adult female patients with Rett syndrome.
All twenty-five patients in this randomized study elected to enter a 12-week ANAVEX®2-73 extension study. Anavex will be advancing its Expanded Access Policy in order to provide long-term therapy to current participants with Rett syndrome under an expanded access program for ANAVEX®2-73.

Social Life Network, Inc. (OTCPINK: WDLF) is a Technology Business Incubator that provides tech start-ups with seed technology development, legal guidance, and executive leadership, making it easier for start-up founders to focus on raising capital, perfecting their business model, and growing their network usership. Social Life Network charges licensees a 5% fee on their profits, and a 15% stake in their company if they reach the liquidity event of going public or selling their business.
The company began with 4 cannabis centric social networks as clients. Through 2020, they have licensed six additional niche social networks to tech start-ups in the Residential Real Estate industry, Hunting, Fishing and Camping industry, Racket Sports, Soccer, Golf and Cycling industries.

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Revive Therapeutics Ltd. (OTCPINK: RVVTF) has recently provided an update on its oral thin-film delivery system with psilocybin being developed under a research partnership agreement with Reed Research Group out of the University of Wisconsin-Madison. “We are very pleased to have achieved this development milestone of our orally dissolvable thin film strip for psilocybin, which can be used in FDA human clinical studies and as a unique product for medical use in states where psilocybin therapy use is permitted, such as Oregon following the passage of Measure 109,” said Michael Frank, CEO of Revive.
There are a number of advantages and benefits of an orally dissolvable psilocybin thin film such as the rapid dissolving and onset of action to the bloodstream, the ease and convenience for patients to administer without the need of water, chewing or swallowing.

TELUS recently highlighted the newly consummated business partnership between TELUS and Ultrack Systems, Inc. (OTCPINK: MJLB) in online publications and other print media. Ultrack CEO Michael Marsbergen stated: "$MJLB's relationship with TELUS has benefited The Company on multiple levels. Firstly, TELUS' technology was the right fit for Ultrack's suite of products and services. Ultrack's partnership with TELUS has made everything we offer better, faster, and more affordable to our subscriber base. Secondly, TELUS has also worked hand-inhand with our design team to understand the nature of our business and develop scalable, custom solutions that benefit both us and them and that will carry us into the future. Finally, I trust that it is obvious to our shareholder base that this kind of professional exposure and validation from a major $25 billion dollar company like TELUS lets the investing public knowin no uncertain terms that $MJLB is a very real and established company that is moving forward in the most cutting-edge ways possible."

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