Axsome Therapeutics (AXSM) Reports Prelim Q4 Guidance

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Axsome Therapeutics Provides Preliminary Fourth Quarter and Full Year 2023 Net Revenue and 2024 Anticipated Milestones

January 4, 2024 7:00 AM EST

Preliminary total 4Q and full year 2023 net product revenue of $71 million and $204 million, respectively

Auvelity preliminary 4Q and full year 2023 net product sales of $49 million and $130 million, respectively

Sunosi preliminary 4Q and full year 2023 net product revenue of $22 million and $74 million, respectively

2024 anticipated regulatory milestones include NDA submission for AXS-14 in fibromyalgia and NDA resubmission for AXS-07 in migraine

2024 anticipated clinical trial readouts include topline results of the SYMPHONY trial in narcolepsy, ADVANCE-2 trial in Alzheimers disease agitation, and... More