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Axsome Therapeutics Inc.
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Axsome Therapeutics Inc.

Axsome Therapeutics Receives FDA Approval for AUVELITY to Treat Agitation in Alzheimer's Patients

| 8-K |Healthcare

Summary

Axsome Therapeutics, Inc. announced that the U.S. Food and Drug Administration (FDA) has approved AUVELITY (dextromethorphan HBr and bupropion HCl) for the treatment of agitation associated with dementia due to Alzheimer's disease. AUVELITY, a first-in-class treatment targeting the NMDA and sigma-1 receptors, demonstrated statistically significant improvement in agitation symptoms in clinical trials. The approval is supported by the results of the Phase 3 ADVANCE-1 and ACCORD-2 studies, which showed that AUVELITY was superior to placebo in reducing agitation symptoms and had a favorable safety profile. Axsome plans to host a conference call on May 1, 2026, to discuss the approval.

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About Axsome Therapeutics Inc.

Axsome Therapeutics Inc. specializes in the development and commercialization of transformative therapies for central nervous system (CNS) disorders. The company's focus is on addressing unmet medical needs in the fields of depression, migraines, and agitation associated with Alzheimer's disease, among other CNS conditions. Axsome's robust pipeline includes both clinical and preclinical stage compounds, highlighting a commitment to innovation and efficacy. By utilizing novel mechanisms of action, their product candidates aim to offer significant advantages over existing treatments. Axsome Therapeutics plays a crucial role in the pharmaceutical and healthcare sectors, helping reshape treatment paradigms for complex and challenging CNS disorders. Through strategic collaborations and leveraging cutting-edge research methods, the company seeks to provide effective healthcare solutions and improve quality of life for patients globally. Established on a vision to impact lives positively, Axsome continues to advance its clinical programs and regulatory approvals, thereby reinforcing its position in the biotechnology industry.

Exchange: NASDAQ Industry: Biotechnology Company Website →

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