Axsome Therapeutics Inc

Axsome Therapeutics Inc

Develops therapies for CNS disorders

About Axsome Therapeutics Inc

Simplify's Rating
Why Axsome Therapeutics Inc is rated
B+
Rated B on Competitive Edge
Rated A on Growth Potential
Rated B on Differentiation

Industries

Biotechnology

Healthcare

Company Size

201-500

Company Stage

IPO

Headquarters

New York City, New York

Founded

2012

Overview

Axsome Therapeutics develops therapies for central nervous system (CNS) disorders, focusing on conditions like major depressive disorder, treatment-resistant depression, agitation from Alzheimer's disease, migraine, narcolepsy, fibromyalgia, and smoking cessation. Their main product, AXS-05, is an oral medication that acts as an NMDA receptor antagonist to help regulate mood. It has shown positive results in clinical trials and has received FDA Breakthrough Therapy Designation, which speeds up its development process. Axsome stands out from competitors by concentrating on unmet medical needs in CNS disorders and advancing its drug pipeline through rigorous trials. The company's goal is to bring effective treatments to market to enhance patient outcomes and quality of life.

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Simplify's Take

What believers are saying

  • Axsome's AXS-07 is anticipated to launch for migraines in 2025.
  • Investments from major firms indicate strong market confidence in Axsome.
  • EMA initiatives may expedite Axsome's entry into the European market.

What critics are saying

  • Increased competition in CNS disorder treatments may impact Axsome's market share.
  • Potential delays in clinical trials could postpone new product launches.
  • Dependence on AXS-05 and AXS-07 could affect financial performance if setbacks occur.

What makes Axsome Therapeutics Inc unique

  • Axsome focuses on CNS disorders with limited current treatment options.
  • AXS-05 has FDA Breakthrough Therapy Designation for major depressive disorder.
  • Axsome's balanced portfolio includes both clinical and research stage products.

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Funding

Total Funding

$432M

Above

Industry Average

Funded Over

2 Rounds

Post IPO Equity funding comparison data is currently unavailable. We're working to provide this information soon!
Post IPO Equity Funding Comparison
Coming Soon

Benefits

Performance Bonus

Company Equity

Company News

Clival
Apr 8th, 2025
Axsome to Present Positive Phase 3 AXS-05 & AXS-12 Results at AAN 2025

Axsome Therapeutics, Inc., a biopharmaceutical company leading a new era in the treatment of central nervous system (CNS) disorders, announced multiple presentations spanning its innovative, industry-leading psychiatry and neurology portfolio at the 2025 American Academy of Neurology (AAN) Annual Meeting, being held April 5-9 in San Diego, California.

Insider Monkey
Feb 23rd, 2025
Why Axsome Therapeutics, Inc. (AXSM) is the Best Performing Pharma Stock So Far in 2025

Why Axsome Therapeutics, Inc. (AXSM) is the Best Performing Pharma stock So Far in 2025.

Investing.com
Dec 19th, 2024
Amgen stock touches 52-week low at $257.77 amid market shifts

The firm sees potential in Sarepta's Elevidys for Duchenne muscular dystrophy, Legend's ability to double its manufacturing capacity, and Axsome's anticipated launch of AXS-07 for migraines.

MarketBeat
Dec 13th, 2024
Captrust Financial Advisors Invests $514,000 in Axsome Therapeutics, Inc. (NASDAQ:AXSM)

Captrust Financial Advisors invests $514,000 in Axsome Therapeutics, Inc. (NASDAQ:AXSM).

MarketBeat
Dec 4th, 2024
Erste Asset Management GmbH Invests $986,000 in Axsome Therapeutics, Inc. (NASDAQ:AXSM)

Erste Asset Management GmbH invests $986,000 in Axsome Therapeutics, Inc. (NASDAQ:AXSM).

Recently Posted Jobs

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Senior Product Manager - HCP Marketing - Sleep

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Axsome Therapeutics Inc is Hiring for 69 Jobs on Simplify!

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Specialty Account Manager - Migraine

$100k - $150k/yr

Greenville, SC, USA

Associate Director - Medical Writing - Clinical Development

$170k - $185k/yr

New York, NY, USA

See All Jobs

Axsome Therapeutics Inc is Hiring for 69 Jobs on Simplify!

Find jobs on Simplify and start your career today

💡
We update Axsome Therapeutics Inc's jobs every few hours, so check again soon! Browse all jobs →