BioXcel Therapeutics (BTAI) Misses Q2 EPS by 16c

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BioXcel Therapeutics Reports Second Quarter 2023 Financial Results and Announces Strategic Reprioritization

August 14, 2023 7:00 AM EDT

Business to prioritize high-potential agitation market opportunities for BXCL501 in bipolar disorders, schizophrenia, and Alzheimers disease

Commercial reprioritization intended to reduce related expenses by 80% with focus on market access through contracting with large hospital systems (IDNs)

Requested meeting with FDA to discuss TRANQUILITY II, audit plan, and data package to support potential submission of sNDA for BXCL501 in patients with agitation associated with mild to... More