Get 40% Off
👀 👁 🧿 All eyes on Biogen, up +4,56% after posting earnings. Our AI picked it in March 2024.
Which stocks will surge next?
Unlock AI-picked Stocks

AXS-12 shows promise in narcolepsy treatment, trial finds

EditorAhmed Abdulazez Abdulkadir
Published 03/25/2024, 06:40 AM
Updated 03/25/2024, 06:40 AM
© Reuters.

NEW YORK - Axsome Therapeutics, Inc. (NASDAQ: NASDAQ:AXSM), a biopharmaceutical company, announced today positive results from its Phase 3 SYMPHONY trial, indicating that its investigational drug AXS-12 (reboxetine) significantly reduced narcolepsy symptoms, including cataplexy attacks and excessive daytime sleepiness (EDS), compared to a placebo.

The SYMPHONY trial, which spanned multiple centers and was double-blind and placebo-controlled, enrolled 90 patients diagnosed with narcolepsy. Over five weeks, participants received either AXS-12 or a placebo. The primary endpoint was the change in frequency of weekly cataplexy attacks, which are sudden reductions or losses of muscle tone triggered by strong emotions, commonly associated with narcolepsy.

AXS-12 met the primary endpoint, showing a statistically significant reduction from baseline in weekly cataplexy attacks at Week 5, with an 83% reduction for those treated with AXS-12 compared to a 66% reduction for the placebo group. Additionally, 33% of patients treated with AXS-12 achieved remission of cataplexy by Week 5, in contrast to 9.5% of those on placebo.

Improvements were also noted in the severity of EDS, with AXS-12 patients experiencing a mean reduction of 1.8 points on the Clinician Global Impression of Severity scale for EDS, versus a 0.9 point reduction for placebo patients. Cognitive function, as measured by the Cognitive Function Items of the Functional Outcomes of Sleep Questionnaire, also improved significantly with AXS-12 treatment.

The drug demonstrated a favorable safety profile, with the most common adverse events being dry mouth, nausea, and constipation, which were generally mild to moderate. The trial reported low rates of discontinuation due to adverse events.

3rd party Ad. Not an offer or recommendation by Investing.com. See disclosure here or remove ads .

Dr. Herriot Tabuteau, CEO of Axsome Therapeutics, highlighted the rapid and substantial reduction of cataplexy events as a promising development for narcolepsy patients, who often report persistent symptoms despite existing treatments. The company plans to present detailed results of the SYMPHONY trial at upcoming scientific meetings and is looking forward to completing the ongoing open label safety extension trial of AXS-12.

AXS-12 has been granted Orphan Drug Designation by the FDA for the treatment of narcolepsy and is protected by issued patents until at least 2039. This designation may provide seven years of marketing exclusivity in the U.S. upon potential FDA approval.

The information is based on a press release statement from Axsome Therapeutics, Inc.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.