Axsome Therapeutics Inc (OQ:AXSM)

Sector:  Healthcare Industry:  Biotechnology & Medical Research
See Regulatory Filings on SEC
Company Contact
Address: 200 Broadway 3rd Floor
NEW YORK NY 10038-2542
Tel: N/A
IR: See website
Key People
Herriot Tabuteau
Chairman of the Board, President, Chief Executive Officer, Founder
Nick Pizzie
Chief Financial Officer
Mark Jacobson
Senior Vice President - Operations, Secretary
Cedric O'Gorman
Senior Vice President - Clinical Development and Medical Affairs
David C. Marek
Chief Commercial Officer
Business Overview
Axsome Therapeutics, Inc. is a clinical-stage biopharmaceutical company. The Company is engaged in developing therapies for the management of central nervous system (CNS) disorders, including pain. It operates in the business of developing novel therapies for the management of CNS disorders segment. Its product candidate, AXS-02 (disodium zoledronate tetrahydrate), is an oral, targeted, non opioid therapeutic for chronic pain. It is developing AXS 02 for the treatment of pain in over three conditions, such as complex regional pain syndrome (CRPS); knee osteoarthritis (OA) associated with bone marrow lesions (BMLs), and chronic low back pain (CLBP), associated with type I, or mixed type I and type II Modic changes (MCs). Its product candidate, AXS 05, is a fixed dose combination of dextromethorphan (DM) and bupropion. It is developing AXS 05 for the treatment of over two conditions, such as treatment resistant depression (TRD), and agitation in patients with Alzheimer's disease (AD).
Financial Overview
For the nine months ended 30 September 2019, Axsome Therapeutics Inc revenues was not reported. Net loss increased from $21.4M to $43.5M. Higher net loss reflects Research and development - Other increase from $16M to $33.8M (expense), Change in fair value of warrant liabilit decrease from $2.7M (income) to $0K, Stock-based Compensation in SGA increase from $1.1M to $2.6M (expense).
Employees: 41 as of Nov 1, 2019
Reporting Currency: U.S. Dollars
Enterprise value: $3,200M as of Sep 30, 2019
Annual revenue (TTM): $0.00M as of Sep 30, 2019
EBITDA (TTM): -$52.22M as of Sep 30, 2019
Net annual income (TTM): -$53.14M as of Sep 30, 2019
Free cash flow (TTM): -$38.62M as of Sep 30, 2019
Net Debt Last Fiscal Year: N/A
Shares outstanding: 36,796,846 as of Dec 18, 2019
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization