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.
CNS Market Leade | Axsome Therapeutics emerges as a frontrunner in CNS therapeutics, with AUVELITY driving impressive revenue growth and market penetration in major depressive disorder treatment |
Pipeline Potential | Explore Axsome's robust product pipeline, including AXS-05 for Alzheimer's disease agitation and AXS-07 for migraines, poised to expand the company's market reach |
Financial Momentum | Delve into Axsome's strong financial performance, with Q3 2024 revenues of $104.8 million surpassing expectations and analysts projecting continued growth |
Valuation Insights | Analyst price targets range from $121 to $190, with an average of $145, reflecting optimism about Axsome's growth potential in the competitive CNS therapeutics landscape |
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 | −18.6x | −0.1x | −0.4x | |
PEG Ratio | −1.93 | 0.00 | 0.00 | |
Price/Book | 97.5x | 2.7x | 2.6x | |
Price / LTM Sales | 12.0x | 1.8x | 2.9x | |
Upside (Analyst Target) | 71.3% | 122.2% | 51.7% | |
Fair Value Upside | Unlock | 29.9% | 9.5% | Unlock |