NEW YORK, May 11, 2016 (GLOBE NEWSWIRE) -- Axsome Therapeutics, Inc. (NASDAQ:AXSM), a clinical-stage biopharmaceutical company developing novel therapies for the management of central nervous system (CNS) disorders, today reported financial results for the quarter ended March 31, 2016.
“We continued to make progress with our lead product candidates, AXS-02 and AXS-05, over the past quarter,” said Herriot Tabuteau, M.D., Chief Executive Officer of Axsome Therapeutics. “We recently advanced AXS-02 into a registration trial in knee osteoarthritis associated with bone marrow lesions. We also received positive guidance from the FDA on our clinical development plans for AXS-05 in agitation in Alzheimer’s disease, which represents a second indication for this product candidate.”
“We continued to make progress with our lead product candidates, AXS-02 and AXS-05, over the past quarter,” said Herriot Tabuteau, M.D., Chief Executive Officer of Axsome Therapeutics. “We recently advanced AXS-02 into a registration trial in knee osteoarthritis associated with bone marrow lesions. We also received positive guidance from the FDA on our clinical development plans for AXS-05 in agitation in Alzheimer’s disease, which represents a second indication for this product candidate.”
