Axsome reports positive Phase 3 data for AXS-12 for narcolepsy

seekingalpha
26 Nov 2024

Professor25

Axsome Therapeutics (NASDAQ:AXSM) said a long-term Phase 3 study of its drug AXS-12 for the treatment of narcolepsy with cataplexy has met its primary endpoint.

The study showed AXS-12 was able to statistically and significantly reduce the frequency of cataplexy attacks compared to placebo.

Axsome (AXSM) said that during the long-term, open label portion of the study, the data showed a 71% reduction from baseline in mean weekly cataplexy attacks at one month with AXS-12 treatment, with a 77% reduction at six months, according to a statement.

Cataplexy response, defined as ≥50% reduction from baseline in weekly cataplexy attacks, was achieved by 72% of patients at one month and 82% of patients at six months.

The study also showed a relatively high discontinuation rate, however, with 17.6% of patients discontinuing treatment due to adverse events over the six-month period. The most common adverse events were nausea and tachycardia.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10