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Anavex appoints Dr. Dimitri Goundis to lead Clinical Development
Date:4/16/2008

GENEVA, Switzerland, April 16 /PRNewswire-FirstCall/ - Anavex Life Sciences Corp. ("ANAVEX") (OTCBB: AVXL) today announced the appointment of Dr. Dimitri Goundis as Project Director of Clinical Development as the company prepares to enter human clinical trials with its lead Alzheimer's compound within the next 12 months.

Dr. Goundis has more than 20 years experience in the management of clinical trials, including leadership positions at Speedel AG (SWX: SPPN), The Medicines Company (NASDAQ: MDCO) and Roche (SWX: ROG). He has successfully led the development of several medications currently on the market, including SPP 100 (Tekturna/Rasilez), which was licensed by Novartis (NYSE: NVS) and subsequently approved by the US Food and Drug Administration (FDA), the European Commission and the Swiss Agency for Therapeutic Products (Swissmedic), Switzerland's drug and device regulatory agency.

Dr. Goundis will lead the clinical development of ANAVEX's robust pipeline. He will establish a clinical development team as well as select and manage the contract research organizations that will work with ANAVEX to move its drug candidates through clinical trials in preparation for submission to the FDA and other regulatory agencies. Dr. Goundis will be responsible for medicinal chemistry and for galenics, which pertains to the formulation of therapeutic agents into palatable or otherwise practically useful formulations.

"We are honored to welcome Dr. Goundis as a key member of ANAVEX's senior management team and be
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SOURCE Anavex Life Sciences Corp.
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