Axsome Therapeutics, Inc., a biopharmaceutical company, develops and delivers novel therapies for the management of central nervous system (CNS) disorders in the United States. The company’s commercial product portfolio includes Auvelity (dextromethorphan-bupropion), a N-methyl-D-aspartate receptor antagonist, sigma-1 receptor agonist, aminoketone, and CYP2D6 inhibitor indicated for the treatment of major depressive disorder in adults; Sunosi (solriamfetol), a dopamine and norepinephrine reuptake inhibitor, trace amine-associated receptor 1 agonist, and 5-HT1A agonist indicated for the treatment of excessive daytime sleepiness in patients with narcolepsy or obstructive sleep apnea; and Symbravo (MoSEIC meloxicam rizatriptan), or AXS-07, a rapidly absorbed, multi-mechanistic, selective COX-2 inhibitor, and 5-HT1B/1D agonist indicated for the acute treatment of migraine with or without aura. It also develops AXS-05 (dextromethorphan-bupropion), an investigational N-methyl-D-aspartate receptor antagonist, which has completed Phase III clinical trial to treat Alzheimer's disease agitation, as well as that has completed phase II clinical trial for the treatment of smoking cessation; AXS-12 (reboxetine), a highly selective and potent norepinephrine reuptake inhibitor and cortical dopamine modulator, which has completed Phase III trial to treat narcolepsy; AXS-14 (esreboxetine), a selective and potent norepinephrine reuptake inhibitor that has completed Phase III trial for the treatment of fibromyalgia and other conditions; and Solriamfetol, a dopamine and norepinephrine reuptake inhibitor, which is in Phase III trial for treating attention deficit hyperactivity, major depressive, binge eating, and excessive sleepiness associated with shift work disorder. The company has a research collaboration agreement with Duke University for evaluating AXS-05 in a Phase 2 clinical trial in smoking cessation. Axsome Therapeutics, Inc. was incorporated in 2012 and is based in New York, New York.
AUVELITY's Triumph | Explore AUVELITY's impressive market performance, with 158,000 prescriptions in Q4 2024, marking an 87% year-over-year increase and driving Axsome's revenue growth |
Pipeline Potential | Delve into Axsome's robust pipeline, including AXS-05 for Alzheimer's agitation, with peak sales projections of $1.2 billion and multiple late-stage candidates |
Financial Health | Learn about Axsome's solid financial position, with $315.4 million in cash and a 91.49% gross profit margin, supporting continued R&D investment and commercial expansion |
Market Outlook | Analyst price targets range from $121 to $200, reflecting optimism about Axsome's growth potential in the expanding CNS market despite competitive challenges |
Metrics to compare | AXSM | Sector Sector - Average of metrics from a broad group of related Healthcare sector companies | Relationship RelationshipAXSMPeersSector | |
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P/E Ratio | −17.8x | −0.1x | −0.5x | |
PEG Ratio | −1.85 | 0.00 | 0.00 | |
Price/Book | 93.2x | 3.0x | 2.6x | |
Price / LTM Sales | 11.5x | 1.8x | 3.2x | |
Upside (Analyst Target) | 81.3% | 110.9% | 41.2% | |
Fair Value Upside | Unlock | 35.7% | 6.2% | Unlock |