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Stock impact report

Axsome Therapeutics Highlights Auvelity Momentum, 600-Rep Sales Push, and April 30 ADA PDUFA at Oppenheimer Conf. [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
Axsome Therapeutics logo Key Points Auvelity commercial momentum: Axsome is expanding its U.S. sales force from ~300 to a planned 600 reps to drive primary-care penetration, reports roughly 86% total covered lives, and cites GTN of ~high-40% in Q4 (mid-50% in Q1 seasonally). PDUFA and ADA opportunity: The supplemental NDA for Auvelity in Alzheimer's disease agitation is on FDA priority review with a PDUFA date of April 30 , supported by four controlled trials (three positive) and an ICH safety database, and management expects the market to be largely Medicare Part D with potentially better GTN per script. Pipeline and finance: solriamfetol has a Phase 3 BED topline expected in the second half of the year and other expansion readouts scheduled over the next year, AXS-12 NDA is imminent, and the company says the sales-force build accelerates commercial investment while maintaining guidance and a near-term path to cash-flow and EPS positivity. Interested in Axsome Therapeutics Show less Read more
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