01:42 PM EST, 03/03/2025 (MT Newswires) -- Axsome Therapeutics ( AXSM ) said Monday it received feedback from the US Food and Drug Administration supporting a submission of its drug for Alzheimer's disease agitation for approval.
Meeting minutes from the company's pre-new drug application huddle with the FDA indicated that the company's regulatory data package for AXS-05 would support a supplemental new drug application, the company said.
The company said it anticipates making such a submission in Q3.
The treatment holds the FDA's breakthrough therapy designation and will be eligible for a priority review, Axsome noted.
Price: 129.00, Change: +1.46, Percent Change: +1.14