Axsome depression drug meets late-stage study goal, shares soar 56%
- Axsome Therapeutics Inc said on Monday its drug succeeded in reducing symptoms of major depressive disorder in a late-stage trial, taking the company a step closer to entering a multi-billion dollar market for depression treatments.Major depressive disorder is a chronic condition that makes patients feel low, experience guilt and worthlessness and, in some cases, may lead to suicide.
According to the National Institutes of Health, an estimated 7.1% of U.S. adults, or approximately 17 million, experience MDD each year. Axsome said its oral tablet, AXS-05, improves the communication between brain cells and increases levels of serotonin, noradrenaline and dopamine, all of which help regulate mood.
Suntrust Robinson Humphrey analyst Joon Lee said the drug's magnitude and rapidity of effect as well as the breadth of positive effects across several secondary goals was impressive.
México Últimas Noticias, México Titulares
Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.
U.S. troops thwarted Hitler's last gamble 75 years agoA recollection of his worst day in the Battle of the Bulge still haunts a veteran, three-quarters of a century later.
Leer más »
BeiGene cancer drug fails in study against AbbVie: J&J's ImbruvicaBeiGene Ltd said on Monday a late-stage trial failed to show that its cancer tre...
Leer más »
Tech stocks hit all-time highs as Micron shares surgeThe Technology Select Sector SPDR Fund surged to an intraday all-time high on Monday, bringing its year-to-date gains to nearly 46%.
Leer más »
ADHD Organizational Tools: Apps and Gadgets That WorkADDitude readers share the organizational tools—from smartphone apps to old-fashioned pen and paper—that help them manage symptoms of ADHD.
Leer más »
FDA approves fish-oil drug for cutting cardiac risksIn patient testing, the drug reduced risks of potentially deadly complications including heart attacks and strokes about 25 percent.
Leer más »
Over 600 Items Are Under $5 At Bath & Body Works Tomorrow85 Moisturizers, 75 Cleansers, 60 Fragrances including the Men's Collection, and Aromatherapy will all be $4.95.
Leer más »