ISS Backs Anavex Board Despite Acknowledging Failed Governance, Missteps

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Monday, Sep 14, 2026 7:41 pm ET1min read

PVG Asset Management criticizes ISS for supporting Anavex Life Sciences Corp.'s board nominees despite acknowledging years of failed governance and shareholder value destruction. ISS noted the board's passive role, minimal meetings with corporate officers, and poor audit and risk oversight. PVG encourages shareholders to vote for its six nominees to help the company realize its full potential.

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