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BioXcel Therapeutics announced its SERENITY Phase 3 trial for BXCL501 met its primary endpoint, demonstrating safety and tolerability for treating agitation in bipolar disorder and schizophrenia patients at home. This successful trial supports the planned sNDA submission for IGALMI label expansion in early 2026, potentially addressing a significant unmet need in the at-home treatment market. The company's stock is rated Underperform by TipRanks' AI Analyst, Spark, due to substantial financial instability, including ongoing losses, high debt, and negative cash flows.
BioXcel Therapeutics, Inc. (Nasdaq: BTAI) announced today that its SERENITY At-Home Pivotal Phase 3 trial evaluating the safety of BXCL501 for the acute treatment of agitation associated with bipolar disorders or schizophrenia has met its primary endpoint. The trial, which evaluated the use of BXCL501 in an at-home setting, demonstrated that the 120 mcg dose of BXCL501 was well-tolerated and met the primary objective of being safe for patients with episodes of agitation [1].
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