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AXSM company mark

AXS-12

Rx-AXSM-2705AXSM/FDA decisionResearch

Axsome Therapeutics · cataplexy in narcolepsyMay 1, 2027 target

Will the FDA approve AXS-12 for cataplexy in narcolepsy?

YAXSM
AXSM-YES/ USDC

Outcome claim / Research candidate

NOT LISTED
Executable price
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Implied YES probability—Price-based, not a clinical forecast
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Rx-AXSM-2705 / Evidence

Unlisted
Pool price—No deployed pool
Dated model P(YES)—No dated model artifact
Days to sponsor target180Date-only guidance
Source publishedJul 15, 2026
Research snapshotOct 28, 2026
FDA targetMay 1, 2027
Small moleculeNCT05059223

A pool price describes trading inventory; a model estimates an outcome. Neither a live price nor a dated forecast is available for this unlisted catalyst.

Program overview

Sponsor identifies AXS-12 as reboxetine and reports a May 1, 2027 FDA target for cataplexy in narcolepsy.

THERAPEUTIC AREANeuroscience
DRUG / PROGRAMAXS-12
INDICATIONcataplexy in narcolepsy
REGULATORY TARGETMay 1, 2027
Agent model / unavailable

No reviewed probability or reasoning artifact is available. A neutral pool opening is not a clinical base rate.

What matters

  • Longer capital lock-up; approval of another Axsome product cannot satisfy this question.
  • Approval, the stock price and commercial success are different outcomes. A claim only pays on its specified event.
  • Future program funding and tokenized financing require separate rights and contracts. An event claim gives no equity, royalty or drug IP.
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