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AXSM
NASDAQ Life Sciences

FDA Accepts Axsome's AXS-12 NDA for Narcolepsy Cataplexy, Setting May 2027 PDUFA Date

Arie Shkolnikov · Analysis by Wiseek AI
More coverage: Biotech Stocks · Healthcare
Sentiment info
Positive
Importance info
8
Price
$229
Mkt Cap
$12.106B
52W Low
$96.09
52W High
$260.19
52W Position info
138% above low
Off High info
12% below high
Rel. Volume info
0.5× avg
Market data snapshot near publication time

AXSM has more than doubled off its 52-week low of $96.09.

Summary

The FDA has accepted the NDA for AXS-12 in narcolepsy cataplexy, with a PDUFA date of May 1, 2027. No advisory committee is currently planned, signaling a potentially smooth review.


Key Events · Product Development and Regulatory · AXSM

  • FDA Accepts AXS-12 NDA

    The FDA has accepted the New Drug Application for AXS-12 (reboxetine) to treat cataplexy in narcolepsy, a serious orphan neurological condition.

  • PDUFA Date Set for May 1, 2027

    A clear regulatory timeline is now in place, with the FDA setting a Prescription Drug User Fee Act (PDUFA) target action date of May 1, 2027.

  • No Advisory Committee Planned

    The FDA indicated it does not currently plan to hold an advisory committee meeting, suggesting a straightforward review process and reducing a common source of uncertainty.

  • Pipeline Expansion in CNS

    AXS-12 strengthens a growing CNS portfolio that already includes approved treatments for major depressive disorder, Alzheimer's agitation, excessive daytime sleepiness, and migraine.


Analysis · AXSM · Life Sciences

A major pipeline milestone has been reached with the FDA's acceptance of the NDA for AXS-12 (reboxetine) to treat cataplexy in narcolepsy, setting a PDUFA date of May 1, 2027. For a company with a $12.1B market cap, this adds a promising new indication to its CNS portfolio. The review path looks smoother than usual because the FDA currently does not plan an advisory committee meeting, removing a common overhang. Combined with recent strong commercial execution and a settled patent landscape for Sunosi, this regulatory catalyst reinforces the growth narrative.

At the time of this filing, AXSM was trading at $229.00 on NASDAQ in the Life Sciences sector, with a market capitalization of approximately $12.1B. The 52-week trading range was $96.09 to $260.19. This filing was assessed with positive market sentiment and an importance score of 8 out of 10.

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AXSM - Latest Insights

AXSM
Jul 15, 2026, 7:05 AM EDT
Filing Type: 8-K
Importance Score:
8
Price at Filing: $229.00
Real-time Price: $229.00 info
Change: $0 (0%) info
Market Cap: $12.106B info
AXSM
Jun 09, 2026, 5:20 PM EDT
Filing Type: 8-K
Importance Score:
7
Price at Filing: $245.64
Real-time Price: $229.00 info
Change: -$16.64 (-7%) info
Market Cap: $12.106B info
AXSM
Jun 03, 2026, 9:04 AM EDT
Filing Type: 8-K
Importance Score:
8
Price at Filing: $231.50
Real-time Price: $229.00 info
Change: -$2.50 (-1%) info
Market Cap: $12.106B info
AXSM
Jun 03, 2026, 7:04 AM EDT
Source: Reuters
Importance Score:
8
Price at Filing: $225.55
Real-time Price: $229.00 info
Change: +$3.45 (+2%) info
Market Cap: $12.106B info
AXSM
May 04, 2026, 5:04 PM EDT
Filing Type: 10-Q
Importance Score:
8
Price at Filing: $223.34
Real-time Price: $229.00 info
Change: +$5.66 (+3%) info
Market Cap: $12.106B info
AXSM
May 04, 2026, 7:08 AM EDT
Source: Reuters
Importance Score:
7
Price at Filing: $202.26
Real-time Price: $229.00 info
Change: +$26.74 (+13%) info
Market Cap: $12.106B info
AXSM
May 04, 2026, 7:07 AM EDT
Filing Type: 8-K
Importance Score:
8
Price at Filing: $202.26
Real-time Price: $229.00 info
Change: +$26.74 (+13%) info
Market Cap: $12.106B info
AXSM
Apr 30, 2026, 5:19 PM EDT
Filing Type: 8-K
Importance Score:
9
Price at Filing: $208.00
Real-time Price: $229.00 info
Change: +$21.00 (+10%) info
Market Cap: $12.106B info
AXSM
Apr 30, 2026, 2:08 PM EDT
Source: Reuters
Importance Score:
9
Price at Filing: $186.55
Real-time Price: $229.00 info
Change: +$42.46 (+23%) info
Market Cap: $12.106B info
AXSM
Apr 01, 2026, 7:05 AM EDT
Filing Type: 8-K
Importance Score:
8
Price at Filing: $169.02
Real-time Price: $229.00 info
Change: +$59.98 (+35%) info
Market Cap: $12.106B info