Axsome Therapeutics Inc (AXSM)

[rosemountbomber]

All well and good, but what is the market penetration and insurance coverage?

Notice that there are a couple of other meds that are much cheaper so is Sunosi making any inroads?

https://www.goodrx.com/wake-promoting-agents

Think if we get the company to pr that they are accepting the FDA labeling request for AXS-05 the stock bumps up some more, but I worry that upon FDA approval announcement that profit taking sets in. This should be higher as the labeling discussion basically means the drug is approved so I think it is pretty much baked in.

Any significant drop in stock price after approval would be a great buying opportunity as over the next 18 months as sales start coming in, valuations would rise.