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UPDATE: Morgan Stanley Downgrades Axsome Therapeutics (AXSM) to Equalweight

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Axsome Therapeutics Reports Second Quarter 2021 Financial Results and Provides Business Update

August 9, 2021 7:05 AM EDT

Company to host conference call today at 8:00 AM Eastern

NEW YORK, Aug. 09, 2021 (GLOBE NEWSWIRE) -- Axsome Therapeutics, Inc. (NASDAQ: AXSM), a biopharmaceutical company developing novel therapies for the management of central nervous system (CNS) disorders, today reported financial results for the second quarter ended June 30, 2021.

As part of the ongoing review of our NDA for AXS-05, the FDA recently notified us that they have identified deficiencies that preclude labeling discussions at this time. We are attempting to learn the nature of... More

Axsome Therapeutics Announces AXS-05 Achieves Primary and Key Secondary Endpoints in the MERIT Phase 2 Trial in Treatment Resistant Depression

August 9, 2021 7:00 AM EDT

AXS-05 significantly delayed the time to relapse of depression compared to placebo (p=0.002, primary endpoint)

AXS-05 significantly prevented relapse of depression over at least 6 months compared to placebo (p=0.004, key secondary endpoint)

NEW YORK, Aug. 09, 2021 (GLOBE NEWSWIRE) --  Axsome Therapeutics, Inc. (NASDAQ: AXSM), a biopharmaceutical company developing novel therapies for the management of central nervous system (CNS) disorders, today announced that AXS-05, a novel, oral, investigational NMDA receptor antagonist with multimodal activity, met the primary and key secondary endpoints in the MERIT (Mechanistic Evaluation of... More