Axsome Therapeutics(AXSM)
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Axsome Therapeutics' Strong Growth And Expanding Pipeline: Why I Assign A Buy Rating
Seeking Alpha· 2025-10-10 08:07
Core Insights - Axsome Therapeutics is transitioning from a development-stage company to a neuroscience-focused entity, with three drugs currently marketed and a robust late-stage pipeline [1] Company Overview - Axsome Therapeutics has successfully moved into the commercialization phase with three marketed drugs [1] - The company is developing a rich late-stage pipeline, indicating potential for future growth and revenue generation [1] Financial Analyst Background - Gamu Dave Innocent Pasi, a financial professional, has extensive experience in financial analysis and investment research, contributing to reputable publications [1] - He holds advanced qualifications in investments and portfolio management, showcasing strong analytical skills [1] Investment Focus - The analyst is currently focused on building an international investment portfolio, emphasizing innovative solutions for financial inclusion and sustainability [1]
Perenti Limited (AUSDF) Shareholder/Analyst Call Transcript
Seeking Alpha· 2025-10-10 07:56
Group 1 - The Annual General Meeting (AGM) of Perenti for the year 2025 has commenced with a quorum present [2] - The meeting acknowledges the traditional owners of the land, specifically the Whadjuk people of the Nunga Nation, and pays respect to Aboriginal and Torres Strait Islander peoples [3] - Key members of the Perenti Board and Executive Committee are present at the meeting, including the Managing Director and CEO, Independent Non-Executive Directors, and various Presidents of divisions [4][5]
Axsome Therapeutics Recognizes Mental Illness Awareness Week Along with the National Advocacy Community
Globenewswire· 2025-10-09 11:00
Core Insights - Axsome Therapeutics is actively participating in Mental Illness Awareness Week (MIAW) to promote mental health awareness and community support [1][2] - The theme for this year's MIAW is "Building Community: Supporting Mental Well-being Together," emphasizing the importance of grassroots advocacy and local action [1][2] - Axsome is committed to supporting individuals with mental health conditions and collaborates with organizations like NAMI to provide resources and reduce stigma [3][4] Company Overview - Axsome Therapeutics is a biopharmaceutical company focused on treating central nervous system (CNS) disorders, with a portfolio that includes FDA-approved treatments for major depressive disorder, narcolepsy, obstructive sleep apnea, and migraines [4] - The company aims to address critical gaps in care and develop innovative products that improve patient outcomes, impacting over 150 million people in the U.S. [4] - Axsome partners with national and global advocacy organizations to strengthen communities and provide support for those affected by mental health challenges [3][4] Mental Health Statistics - Over 1 in 5 adults in the U.S. experience mental illness each year, and more than 1 in 7 youth aged 6-17 also face mental health conditions annually [3] - Nearly 90% of individuals living with depression report difficulties in work, home, or social activities due to their symptoms, highlighting the significant impact of depression [3]
Axsome Therapeutics to Report Third Quarter 2025 Financial Results on November 3
Globenewswire· 2025-10-07 11:00
Core Viewpoint - Axsome Therapeutics, Inc. is set to report its financial results for Q3 2025 on November 3, 2025, before U.S. market opening, followed by a conference call for discussion [1] Company Overview - Axsome Therapeutics is a biopharmaceutical company focused on treating central nervous system (CNS) disorders, with a portfolio that includes FDA-approved treatments for major depressive disorder, excessive daytime sleepiness related to narcolepsy and obstructive sleep apnea, and migraine [3] - The company aims to address significant gaps in care by developing differentiated products with novel mechanisms of action, impacting over 150 million people in the U.S. [3] Financial Communication - A live conference call will be held at 8:00 a.m. Eastern Time on November 3, 2025, to discuss the financial results and provide a business update [1][2] - Participants can join the call via a toll-free domestic number or an international number, with a live webcast available on the company's website [2]
X @Forbes
Forbes· 2025-10-07 02:00
Company Overview - Axsome Therapeutics was founded by Herriot Tabuteau, who has a medical degree from Yale and two decades of experience in finance [1] - The company currently has three drugs on the market [1] Pipeline - Axsome Therapeutics has five more drugs in its pipeline [1]
Piper Sandler Maintains Overweight on Axsome (AXSM), Sees Growth in AD-Agitation
Yahoo Finance· 2025-10-02 20:55
Core Insights - Axsome Therapeutics Inc. is recognized as one of the top biotech stocks to consider for investment, with Piper Sandler maintaining an Overweight rating and a price target of $148 for its shares [1][2] - The company is focused on commercial support for its product Auvelity, particularly in the treatment of major depressive disorder (MDD) and potential expansion into agitation associated with Alzheimer's disease [1][2] Financial Outlook - Management is preparing for a supplemental New Drug Application submission this quarter, which is expected to lead to increased sales and marketing expenditures, including workforce expansion related to the anticipated label expansion for AD-agitation [2] - Despite the rising costs, Piper Sandler anticipates strong operating leverage over time due to significant market opportunities in both MDD and AD-agitation, along with favorable payer access for Auvelity in the MDD market [2] Company Profile - Axsome Therapeutics Inc. is a clinical stage biopharmaceutical company dedicated to developing novel therapies for central nervous system disorders [3]
Forbes Daily: Elon Musk Briefly Hits $500 Billion
Forbes· 2025-10-02 12:03
分组1 - Jane Goodall, a renowned zoologist and animal rights activist, passed away at the age of 91, known for her groundbreaking discoveries about chimpanzees and her influence on women in science [1] - Elon Musk has reached a new milestone, becoming the first person to be worth $500 billion, with projections suggesting he could become the world's first trillionaire by 2033 [3] - The U.S. government shutdown has led to a rally in bitcoin and gold prices as investors seek safe havens, although such shutdowns are typically short-lived with limited economic impact [4] 分组2 - U.S. private sector employment fell more than expected in August, indicating a deceleration in the job market, with potential implications for the Federal Reserve's upcoming policy meeting [5] - Saronic, an autonomous speedboat startup, raised $600 million at a $4 billion valuation, aiming to revive the U.S. shipbuilding industry by mass-producing small, cheap, autonomous vessels [6] - Axsome Therapeutics, focused on brain disorders, reported a revenue of $495 million for the 12 months ending in June, a 70% increase from the previous year, although it remains unprofitable with a net loss of $247 million [12][13]
This Haiti-Born Doctor Built A $6 Billion Business Developing Drugs For Depression And Alzheimer’s
Forbes· 2025-10-01 10:30
Core Insights - Axsome Therapeutics focuses on developing treatments for brain disorders, with three drugs currently on the market and five in the pipeline, potentially addressing the needs of 150 million Americans suffering from such conditions [1][3][4] - The company reported a revenue of $495 million for the 12 months ending in June, marking a 70% increase from the previous year, although it remains unprofitable with a net loss of $247 million [3][4] - Axsome's market capitalization stands at $6.1 billion, and the company aims for peak sales of $16.5 billion from its current drug portfolio, contingent on successfully navigating FDA approvals for five new drugs by 2028 [4][13] Company Overview - Founded in 2012 by Herriot Tabuteau, Axsome Therapeutics was established with a unique approach to drug development, focusing on brain disorders and self-funding rather than relying on venture capital [1][2][5] - The company has evolved from humble beginnings in a small office to a significant player in the biotech sector, with a notable drug portfolio and innovative strategies for clinical trials [3][7] Financial Performance - Axsome's revenue growth of 70% year-over-year highlights its increasing market presence, although the company has yet to achieve profitability [3][4] - The stock price has increased by 35% over the past year, outperforming the Nasdaq Biotech Index, which only rose by 1% during the same period [12] Drug Development and Pipeline - The approval of Auvelity for major depressive disorder in August 2022 significantly boosted Axsome's market valuation, with shares rising 65% in a week [9] - Auvelity is projected to generate $500 million in sales this year and is expected to become a blockbuster drug, with potential annual revenues exceeding $1 billion [10][13] - Axsome is also working on a drug for Alzheimer's agitation, which could provide a safer alternative to current antipsychotic treatments, despite mixed results in Phase III trials [12][13] Strategic Acquisitions - In 2022, Axsome acquired Sunosi for $53 million, which treats excessive daytime sleepiness, and later sold its rights for $66 million, demonstrating effective financial management [11]