InvestorsHub Logo
Followers 138
Posts 23023
Boards Moderated 0
Alias Born 04/08/2004

Re: None

Saturday, 08/20/2022 2:35:03 PM

Saturday, August 20, 2022 2:35:03 PM

Post# of 660
There are over 20 million people in the USA alone who have been diagnosed with major depressive disorder. The recommended dosing for Auvelity (dextromethorphan-bupropion (45 mg/105 mg tablet) is once daily for the first 3 days and twice daily thereafter for as long as prescribed by the physician.

Assuming initially just 10% of the 20 million are treated, that would be 2 million people taking Auvelity 2 times per day that would be 4 million tablets (capsules) of Auvelity per day for the US alone. if we assume that the cost is say $10 per tablet (capsule), then that would be $40 million per day in revenue for Axsome in the USA alone. With an average of 365.25 days per year.

Correct me if I am wrong but that appears to be about $14.6 BILLION in revenue for the US alone with just a 10% market penetration and a cost of just $10 per pill.

Good luck and GOD bless,
Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
Recent AXSM News