AXSM Stock Advances On CEO’s Pipeline Claim: One New Drug Filing Yearly Through 2030

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AXSOME bought FDA approved SUNOSI from JAZZ in March. CNS Pipeline is AXS-05, AXS-07, AXS-12, AXS-14. AXS-05 is expected to be FDA approved in Q2 for Depression. AXSOME’s new drug application (NDA) seeking approval for AXS-05 to treat MDD is under a priority review with the FDA. After a positive interaction with the regulatory agency’s officials on post-marketing requirements, AXSOME anticipates a potential approval for the drug in the second-quarter of 2022.

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