Axsome Therapeutics Q1 2024 Financial Results and Clinical Updates
Axsome Therapeutics Reports Strong Q1 2024 Performance and Updates On Clinical Trials
Axsome Therapeutics reported strong financial performance in Q1 2024, with total net product revenue reaching $75 million and a growth rate of approximately 160%. The company also provided updates on its clinical trials, including progress made in the first quarter of 2024 on its innovative neuroscience pipeline. Key upcoming milestones include NDA submissions for AXS-07 and AXS-14, as well as pivotal trials in new indications for solriamfetol. The company expects to continue its commercial and pipeline momentum for the rest of 2024, with a focus on providing differentiated treatment options for serious psychiatric and neurological conditions.
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