Trader consensus on Polymarket reflects an 82.6% implied probability for FDA approval of Axsome Therapeutics' AXS-05 (dextromethorphan-bupropion, marketed as Auvelity) for agitation in Alzheimer's disease, driven by the imminent PDUFA target date of April 30, 2026, following Priority Review granted in late 2025. Robust Phase 3 ADVANCE trial data—showing 3.6x lower relapse rates versus placebo in long-term studies—combined with Breakthrough Therapy designation since 2020, underpins this sentiment amid a critical unmet need, with only brexpiprazole previously approved. Despite one failed acute trial, no advisory committee review and positive safety in elderly patients signal a favorable regulatory path; traders eye the decision as a key catalyst, with stock gains of 17% in recent weeks reflecting heightened optimism.
Resumen experimental generado por IA con datos de Polymarket. Esto no es asesoramiento de trading y no influye en cómo se resuelve este mercado. · ActualizadoSí
$2,111 Vol.
$2,111 Vol.
Sí
$2,111 Vol.
$2,111 Vol.
This market will resolve to "Yes" if the U.S. Food and Drug Administration (FDA) grants full or conditional approval for Axsome Therapeutics's AXS-05 as a treatment for Alzheimer’s disease agitation by May 14, 2026, 11:59 PM ET. Otherwise, this market will resolve to "No."
An approval is defined as:
For new drugs: FDA issuance of an approval letter for a New Drug Application (NDA) or Biologics License Application (BLA)
For already-marketed drugs seeking new indications: FDA approval of a supplemental NDA (sNDA) or supplemental BLA (sBLA) for the specific indication referenced
For generic drugs: FDA approval of an Abbreviated New Drug Application (ANDA)
For biosimilars: FDA approval of a 351(k) application
The following constitute qualifying approvals:
Standard approval (traditional approval based on clinical benefit), Accelerated approval (based on surrogate endpoints), Approval with Risk Evaluation and Mitigation Strategy (REMS), Approval with restricted distribution or indication limitations, except compassionate use/expanded access programs
The following do not constitute qualifying approvals:
Approvable letters that require additional actions before approval
Tentative approvals pending patent or exclusivity expiration
FDA requests for additional information or studies
Extension of Prescription Drug User Fee Amendments dates
Approval for compassionate use or expanded access programs only
Approval only for export or for use outside the United States
Emergency Use Authorization (EUA) without full approval
Complete Response Letters (CRLs) indicating the application cannot be approved in its current form
This market will immediately resolve to "No" if the FDA issues a Complete Response Letter (CRL) or explicitly declines to approve the application. If the drug sponsor withdraws the application before the end of the specified period, the market will resolve to "No" immediately.
If the listed drug is approved before the end of the specified period, the market will resolve to "Yes," regardless of potential Advisory Committee votes against approval or later withdrawal of approval.
Conditional approvals may include post-marketing requirements or commitments and still qualify.
The primary resolution source will be official information from the FDA; however, a consensus of credible reporting will also be used.
Mercado abierto: Apr 20, 2026, 5:44 PM ET
Resolver
0x65070BE91...This market will resolve to "Yes" if the U.S. Food and Drug Administration (FDA) grants full or conditional approval for Axsome Therapeutics's AXS-05 as a treatment for Alzheimer’s disease agitation by May 14, 2026, 11:59 PM ET. Otherwise, this market will resolve to "No."
An approval is defined as:
For new drugs: FDA issuance of an approval letter for a New Drug Application (NDA) or Biologics License Application (BLA)
For already-marketed drugs seeking new indications: FDA approval of a supplemental NDA (sNDA) or supplemental BLA (sBLA) for the specific indication referenced
For generic drugs: FDA approval of an Abbreviated New Drug Application (ANDA)
For biosimilars: FDA approval of a 351(k) application
The following constitute qualifying approvals:
Standard approval (traditional approval based on clinical benefit), Accelerated approval (based on surrogate endpoints), Approval with Risk Evaluation and Mitigation Strategy (REMS), Approval with restricted distribution or indication limitations, except compassionate use/expanded access programs
The following do not constitute qualifying approvals:
Approvable letters that require additional actions before approval
Tentative approvals pending patent or exclusivity expiration
FDA requests for additional information or studies
Extension of Prescription Drug User Fee Amendments dates
Approval for compassionate use or expanded access programs only
Approval only for export or for use outside the United States
Emergency Use Authorization (EUA) without full approval
Complete Response Letters (CRLs) indicating the application cannot be approved in its current form
This market will immediately resolve to "No" if the FDA issues a Complete Response Letter (CRL) or explicitly declines to approve the application. If the drug sponsor withdraws the application before the end of the specified period, the market will resolve to "No" immediately.
If the listed drug is approved before the end of the specified period, the market will resolve to "Yes," regardless of potential Advisory Committee votes against approval or later withdrawal of approval.
Conditional approvals may include post-marketing requirements or commitments and still qualify.
The primary resolution source will be official information from the FDA; however, a consensus of credible reporting will also be used.
Resolver
0x65070BE91...Trader consensus on Polymarket reflects an 82.6% implied probability for FDA approval of Axsome Therapeutics' AXS-05 (dextromethorphan-bupropion, marketed as Auvelity) for agitation in Alzheimer's disease, driven by the imminent PDUFA target date of April 30, 2026, following Priority Review granted in late 2025. Robust Phase 3 ADVANCE trial data—showing 3.6x lower relapse rates versus placebo in long-term studies—combined with Breakthrough Therapy designation since 2020, underpins this sentiment amid a critical unmet need, with only brexpiprazole previously approved. Despite one failed acute trial, no advisory committee review and positive safety in elderly patients signal a favorable regulatory path; traders eye the decision as a key catalyst, with stock gains of 17% in recent weeks reflecting heightened optimism.
Resumen experimental generado por IA con datos de Polymarket. Esto no es asesoramiento de trading y no influye en cómo se resuelve este mercado. · Actualizado
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