BioXcel Therapeutics Strengthens Cash Position to Advance SERENITY At-Home Pivotal Phase 3 Safety Trial for Acute Treatment of Agitation Associated with Bipolar Disorders or Schizophrenia
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BioXcel Therapeutics is enhancing its cash reserves to support the SERENITY At-Home Phase 3 trial for treating agitation in bipolar disorder or schizophrenia. Topline data is expected in H2 2025, potentially leading to a sNDA submission for IGALMI® label expansion.
March 11, 2025 | 11:15 am
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BioXcel Therapeutics is strengthening its cash position to advance the SERENITY At-Home Phase 3 trial, aiming for a potential sNDA submission for IGALMI® in 2025.
The news indicates a strategic move by BioXcel to secure funding for a pivotal trial, which could lead to a significant product expansion. This is likely to positively impact BTAI's stock as it shows commitment to growth and potential future revenue increase.
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