Axsome Therapeutics Remains A Buy Despite AXS-05's Mixed Results
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Axsome Therapeutics is recommended as a buy due to strong revenue growth from Auvelity and Sunosi, and a promising late-stage pipeline despite mixed results for AXS-05 in Alzheimer's agitation.
December 31, 2024 | 2:30 pm
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POSITIVE IMPACT
Axsome Therapeutics shows strong revenue growth and a promising drug pipeline, maintaining a bullish outlook despite mixed results for AXS-05.
The company's strong revenue growth from existing products and a promising late-stage pipeline for new drugs support a positive outlook. The mixed results for AXS-05 are not seen as a major setback due to the overall favorable data.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100