Axsome Therapeutics' Alzheimer's Disease Agitation sNDA Offers Optionality Without Changing Thesis

Wednesday, Nov 5, 2025 3:14 pm ET1min read
AXSM--

Axsome Therapeutics' recent sNDA approval for Alzheimer's disease agitation adds optionality, but it is not a game-changer. The company's pipeline consists of undifferentiated CNS assets, with Auvelity being its main product. The approval provides a new indication for Auvelity, but it does not fundamentally change the company's value proposition.

Axsome Therapeutics' Alzheimer's Disease Agitation sNDA Offers Optionality Without Changing Thesis

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