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Axsome Therapeutics Acquires Baergic Bio from Avenue Therapeutics for up to $82M in Milestones and Royalties
ByAinvest
Thursday, Nov 6, 2025 7:05 am ET1min read
Avenue Therapeutics has announced the acquisition of subsidiary Baergic Bio by Axsome Therapeutics. Baergic shareholders will receive up to $82 million in potential development, regulatory, and sales milestones, plus a mid-to-high single-digit royalty on global net sales from Axsome. The deal includes the rights to BAER-101, a novel oral GABAA α2,3 subtype-selective receptor positive allosteric modulator for the treatment of epilepsy.
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