Axsome Therapeutics (AXSM) Rallies After Auvelity Gains FDA Approval

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Axsome Therapeutics Announces FDA Approval of AUVELITY™, the First and Only Oral NMDA Receptor Antagonist for the Treatment of Major Depressive Disorder in Adults

August 19, 2022 6:46 AM EDT

AUVELITY is the first and only rapid-acting oral treatment approved with labeling of statistically significant improvement in depressive symptoms compared to placebo starting at one week1-4

AUVELITY uses the first new oral mechanism of action approved for major depressive disorder in over 60 years1-4

AUVELITY was developed with FDA Breakthrough Therapy designation and evaluated by the FDA under Priority Review

Company to host webcast today at 8:00 AM ET

NEW YORK,... More