US FDA approves Axsome's drug for Alzheimer's-related agitation

The U.S. FDA has approved Axsome Therapeutics’ drug, Auvelity, for treating agitation in patients with Alzheimer’s disease. This provides a new treatment option for a condition previously managed by antipsychotics with serious safety risks. Auvelity, already approved for depression, generated $507.1 million last year, and its launch for this new indication is expected in June.

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