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Axsome Therapeutics

AXSM
NASDAQHealth Care
$255.17
USD
+1.40(+0.55%)
At close: Jun 12, 20:00 UTC

Open

$254.53

Prev. Close

$255.29

High

$255.43

Low

$254.53

Market Snapshot

Market Cap

$13.05B

P/E Ratio

-69.3

EPS

-5.99

Revenue

$385.69M

Employees

925

Why AXSM moved

Axsome Therapeutics settled SUNOSI patent litigation, opening pathways for generics by 2040, which is expected to enhance the company's growth prospects significantly.

About

Axsome Therapeutics, Inc. is a commercial-stage biopharmaceutical company, which engages in the development of novel therapies for the management of central nervous system disorders. The company is headquartered in New York City, New York and currently employs 925 full-time employees. The company went IPO on 2015-11-19. The firm focused on developing medicines for people impacted by central nervous system (CNS) conditions. Its commercial products include AUVELITY, SUNOSI, and SYMBRAVO. The company is also advancing pipeline of novel product candidates in early- to late-stage development addressing a broad range of serious neurological and psychiatric conditions. Its product pipelines include AXS-05, AXS-12, and AXS-14. Its lead product candidate, AXS-05 (dextromethorphan-bupropion), is developed for the treatment of Alzheimer’s disease (AD) agitation and smoking cessation. Its AXS-12 (reboxetine) is a novel, oral, potent, highly selective investigational norepinephrine reuptake inhibitor (NRI) and cortical dopamine modulator being developed for the treatment of narcolepsy. Its AXS-14 (esreboxetine) is a novel, oral, potent, highly selective investigational NRI being developed for the management of fibromyalgia.

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