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Stock impact report

Axsome's (AXSM) Narcolepsy Drug Study Meets Primary Goal [Yahoo! Finance]

Axsome Therapeutics, Inc. (AXSM) 
Last axsome therapeutics, inc. earnings: 3/12 07:00 am Check Earnings Report
US:NASDAQ Investor Relations: axsome.com
Company Research Source: Yahoo! Finance
The study achieved its primary endpoint of a rapid and significant reduction in weekly cataplexy events. Data from the study showed that treatment with AXS-12 reduced cataplexy attacks by 83% over five weeks compared with 66% for placebo. In fact, treatment with AXS-12 rapidly reduced weekly cataplexy attacks, as it achieved a reduction of 56% in the first week compared to 31% for placebo. Treatment with AXS-12 also induced an increase in remission of cataplexy (100% reduction from baseline) and increased cataplexy-free days (days with zero cataplexy attacks). Per management, 33% of patients who received AXS-12 achieved remission of cataplexy compared to 9.5% of placebo patients. Treatment with the therapy increased the percentage of cataplexy-free days to 84%, compared to 22% for placebo. The drug was also well-tolerated by study participants. In fact, those who received AXS-12 also experienced a reduction in other symptoms of narcolepsy, such as excessive daytime sleepiness (E Show less Read more
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