Axsome Therapeutics shares are trading after the company announced the FDA has acknowledged a resubmission of its new drug application of AXS-07 for acute treatment of migraines.
Portfolio Pulse from Benzinga Newsdesk
Axsome Therapeutics' shares are reacting to the FDA's acknowledgment of a resubmission for AXS-07, a drug for treating migraines.
September 04, 2024 | 5:32 pm
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POSITIVE IMPACT
Axsome Therapeutics' stock is influenced by the FDA's acknowledgment of their resubmitted application for AXS-07, a migraine treatment drug.
The FDA's acknowledgment of the resubmission is a positive regulatory step for Axsome Therapeutics, potentially leading to approval of AXS-07. This development is likely to boost investor confidence and positively impact the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100