Avance Clinical Boosts Biotech Progress: Accelerating Pivotal Milestones for 700+ Emerging Companies
ByAinvest
Wednesday, Aug 27, 2025 11:07 am ET1min read
AXGN--
Avance Nerve Graft is a biologically active off-the-shelf processed human nerve allograft designed to bridge severed peripheral nerves without the comorbidities associated with a second surgical site. The company expects the approval of Avance Nerve Graft to negatively impact gross margin by approximately 1% but anticipates positive net cash flow for the full year [1].
Separately, Bioxcel Therapeutics' stock surged 16.03% pre-market on August 27, 2025, following positive topline data from its SERENITY At-Home Phase 3 trial for BXCL501. The company will present safety and efficacy results during a conference call and webcast scheduled for August 27, 2025. The trial evaluated the safety and efficacy of BXCL501, a proprietary sublingual film formulation of dexmedetomidine, as an acute treatment for agitation associated with bipolar disorders or schizophrenia in the at-home setting [2].
References:
[1] https://www.aol.com/fda-pushes-back-axogen-avance-163906247.html
[2] https://www.ainvest.com/news/bioxcel-therapeutics-soars-16-03-positive-clinical-trial-data-2508/
Avance Clinical has guided 710 emerging biotechs through critical clinical trial inflection points, accelerating timelines by up to nine months. The company's comprehensive approach to Phase I clinical development has helped clients secure follow-on funding, progress to Phase II trials, and initiate pivotal studies. Avance Clinical addresses common hurdles that stall early-stage biotechs by assessing early data, preparing regulatory submissions, and providing strategic planning to anticipate potential bottlenecks.
The U.S. Food and Drug Administration (FDA) has extended the Prescription Drug User Fee Act (PDUFA) goal date for Axogen Inc.’s (NASDAQ:AXGN) Biologics License Application (BLA) for Avance Nerve Graft by three months, pushing the deadline to December 5, 2025. This decision follows a communication from the FDA indicating that the information submitted by Axogen in response to an FDA information request was deemed a Major Amendment to its BLA. This additional time allows the FDA to thoroughly review the submission, which includes substantial new manufacturing and facility data [1].Avance Nerve Graft is a biologically active off-the-shelf processed human nerve allograft designed to bridge severed peripheral nerves without the comorbidities associated with a second surgical site. The company expects the approval of Avance Nerve Graft to negatively impact gross margin by approximately 1% but anticipates positive net cash flow for the full year [1].
Separately, Bioxcel Therapeutics' stock surged 16.03% pre-market on August 27, 2025, following positive topline data from its SERENITY At-Home Phase 3 trial for BXCL501. The company will present safety and efficacy results during a conference call and webcast scheduled for August 27, 2025. The trial evaluated the safety and efficacy of BXCL501, a proprietary sublingual film formulation of dexmedetomidine, as an acute treatment for agitation associated with bipolar disorders or schizophrenia in the at-home setting [2].
References:
[1] https://www.aol.com/fda-pushes-back-axogen-avance-163906247.html
[2] https://www.ainvest.com/news/bioxcel-therapeutics-soars-16-03-positive-clinical-trial-data-2508/

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