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AXS-05

Phase 3

Agitation in Patients With Dementia of the Alzheimer's Type | Small molecule | Neurology |Axsome Therapeutics, Inc.|Last Updated: Aug 14, 2026

Target and mechanism

ModalitySmall molecule

Also known as AXS-05 (dextromethorphan-bupropion)

Success Probability

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Market & Valuation

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Trial Design

RandomizedDouble-BlindPLACEBO_CONTROLLED
Total Trials4
Total Enrollment1,408

FDA Designations

PRIORITY_REVIEWBREAKTHROUGH_THERAPYORPHAN_DRUG

Clinical trial landscape

AXS-05 · 10 trials · 12 indications

Phase 3 6Phase 2 4
NCT07766655A Study to Evaluate the Efficacy and Safety of AXS-05 for Smoking Cessation in AdultsSmoking Cessation
RECRUITING705 Analytics
NCT05557409A Study to Assess the Efficacy and Safety of AXS-05 in Subjects With Alzheimer's Disease AgitationAgitation in Patients With Dementia of the Alzheimer's Type
COMPLETED408 Analytics
NCT04947553A Study to Assess the Long-term Safety and Efficacy of AXS-05 in Subjects With Alzheimer's Disease AgitationAgitation in Patients With Dementia of the Alzheimer's Type
COMPLETED456 Analytics
NCT04797715Assessing Clinical Outcomes in Alzheimer's Disease AgitationAgitation in Patients With Dementia of the Alzheimer's Type
COMPLETED178 Analytics
NCT04019704A Trial of AXS-05 in Patients With Major Depressive DisorderDepression
COMPLETED327 Analytics
NCT02741791A Study to Assess the Efficacy and Safety of AXS-05 in Subjects With Treatment Resistant Major Depressive DisorderTreatment Resistant Major Depressive Disorder
COMPLETED312 Analytics
PHASE3RECRUITING
A Study to Evaluate the Efficacy and Safety of AXS-05 for Smoking Cessation in Adults
Smoking CessationUnlock trial analytics
PHASE3COMPLETED
A Study to Assess the Efficacy and Safety of AXS-05 in Subjects With Alzheimer's Disease Agitation
Agitation in Patients With Dementia of the Alzheimer's TypeUnlock trial analytics
PHASE3COMPLETED
A Study to Assess the Long-term Safety and Efficacy of AXS-05 in Subjects With Alzheimer's Disease Agitation
Agitation in Patients With Dementia of the Alzheimer's TypeUnlock trial analytics
PHASE3COMPLETED
Assessing Clinical Outcomes in Alzheimer's Disease Agitation
Agitation in Patients With Dementia of the Alzheimer's TypeUnlock trial analytics
PHASE3COMPLETED
A Trial of AXS-05 in Patients With Major Depressive Disorder
DepressionUnlock trial analytics
PHASE3COMPLETED
A Study to Assess the Efficacy and Safety of AXS-05 in Subjects With Treatment Resistant Major Depressive Disorder
Treatment Resistant Major Depressive DisorderUnlock trial analytics

Study Endpoints

Primary Endpoints

4-Week Continuous Smoking Abstinence Rate
Weeks 9 to 12
Cohen-Mansfield Agitation Inventory (CMAI)
Up to 5 weeks

The Cohen-Mansfield Agitation Inventory (CMAI) is a 29-item caregiver-rated questionnaire that assesses the frequency of agitation-related and disruptive behaviors in subjects with dementia. The scale contains 29 behaviors or items organized into four subscales: physically aggressive, physically non-aggressive, verbally aggressive, and verbally non-aggressive. The CMAI is administered by interviewing the caregiver and asking him or her to rate the frequency with which the subject manifests each behavior using a seven-point scale: 1=never (better outcome), 7=several times an hour (worse outcome). The CMAI total score is the sum of the scores for all of the items in the CMAI. CMAI total scores range from a minimum of 29 (better outcome) to a maximum of 203 (worse outcome).

Long-term Safety
up to 76 weeks

Incidence of treatment-emergent adverse events following dosing with AXS-05

Time to relapse of agitation symptoms
up to 24 weeks
Time from randomization to relapse of agitation symptoms
up to 26 weeks
Change in MADRS Total Score From Baseline to Week 6
6 weeks

The primary objective of the study was to evaluate the efficacy of AXS-05 as measured by the Montgomery-Åsberg Depression Rating Scale (MADRS) for change in severity of depressive symptoms from baseline to Week 6. The MADRS is a 10-item scale and items are scored between 0-6 points. For each item, a score of 0 indicates the absence of symptoms, and a score of 6 indicates symptoms of maximum severity. A maximum total score is 60 points.

Montgomery-Åsberg Depression Rating Scale (MADRS) total score
MADRS change from Baseline to End of Study (6 weeks)

The MADRS is used to assess depressive symptomatology during the previous week. Subjects are rated on 10 items to assess feelings of sadness, lassitude, pessimism, inner tension, suicidality, reduced sleep or appetite, difficulty concentrating and lack of interest. Each item is scored on a 7-point scale. A score of 0 indicates the absence of symptoms, and a score of 6 indicates symptoms of maximum severity.

Change in Smoking Intensity
Baseline (V1), 3-Week Follow-Up Visit (V4)

Smoking intensity refers to the number of cigarettes smoked per day.

Percentage of Participants Who Experienced a More Than 50% Reduction in Expired Carbon Monoxide (CO) Levels
Baseline (V1), 3-Week Follow-Up Visit (V4)

A biochemical marker of smoking intensity.

Relapse
Time from randomization to first relapse (up to 52 weeks)

Assessed by clinician-rated scales.

MADRS Score - Overall Change From Baseline
Assessed at week 1, 2, 3, 4, 5 and 6 (averaged over the entire 6-week treatment period)

The primary objective of the study was to assess the effect of AXS-05 versus bupropion as measured by the Montgomery-Åsberg Depression Rating Scale (MADRS) for change in severity of depressive symptoms. The MADRS is a 10-item scale and items are scored between 0-6 points. For each item, a score of 0 indicates the absence of symptoms, and a score of 6 indicates symptoms of maximum severity. A maximum total score is 60 points.

Change in CMAI Total Score
5 weeks

The Cohen-Mansfield Agitation Inventory (CMAI) is a 29-item caregiver-rated questionnaire that assesses the frequency of agitation-related and disruptive behaviors in subjects with dementia. The scale contains 29 behaviors or items organized into four subscales: physically aggressive, physically non-aggressive, verbally aggressive, and verbally non-aggressive. The CMAI is administered by interviewing the caregiver and asking him or her to rate the frequency with which the subject manifests each behavior using a seven-point scale: 1=never (better outcome), 7=several times an hour (worse outcome). The CMAI total score is the sum of the scores for all of the items in the CMAI. CMAI total scores range from a minimum of 29 (better outcome) to a maximum of 203 (worse outcome).

Secondary Endpoints

Clinical Global Impressions-Severity (CGI-S)
Baseline to End of Study (6 weeks)
Hamilton Depression Rating Scale - 17 items (HAMD-17)
Baseline to End of Study (6 weeks)
Change in Smoking Behavior
3-Week Follow-Up Visit (V4), 4-Week Follow-Up Visit (V5)
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Study Design & Arms

AllocationRANDOMIZED
MaskingDOUBLE
ModelPARALLEL
PurposeTREATMENT

Treatment Arms

ArmTypeDescription
AXS-05EXPERIMENTALUp to 12 weeks
BupropionEXPERIMENTALUp to 12 weeks
PlaceboPLACEBO_COMPARATORUp to 12 weeks
AXS-05 (dextromethorphan-bupropion)EXPERIMENTAL* Up to 52 weeks in the open-label segment; * Up to 24 weeks in the randomized double-blind segment (if applicable)
Bupropion SRACTIVE_COMPARATORParticipants will receive Bupropion SR (Bupropion Sustained Release) for 4 weeks and will be instructed to take 1 tablet two times per day, at least 8 hours apart and 1 hour prior to a meal, and 2 hours after a meal.

Interventions

NameTypeDescription
AXS-05 (dextromethorphan-bupropion)DRUGAXS-05 tablets, taken twice daily for 12 weeks.
BupropionDRUGBupropion tablets, taken twice daily for 12 weeks.
PlaceboDRUGPlacebo tablets, taken twice daily for 12 weeks.
AXS-05DRUGAXS-05 tablets, taken twice daily
Bupropion SRDRUGBupropion Sustained Release: Take 1 tablet two times per day, at least 8 hours apart and 1 hour prior to a meal, and 2 hours after a meal.
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Eligibility Criteria

Age Range18 Years to 65 Years
SexALL
Healthy VolunteersNo
Study Sites9

Inclusion Criteria: * Male or female, aged 18 to 65 (inclusive) Exclusion Criteria: * Unable to comply with study procedures. * Medically inappropriate for study participation in the opinion of the investigator.

Countries:United StatesPuerto RicoCanadaAustralia
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Recent Changes (Last 90 Days)

LOWAug 14, 2026NCT07766655NEW_TRIAL: changed
LOWAug 14, 2026NCT07766655NEW_TRIAL: changed

Frequently asked questions about AXS-05

What is AXS-05 used for?

AXS-05 is an investigational small molecule being developed for treatment resistant depression, agitation in patients with dementia of the Alzheimer's type, major depressive disorder, and smoking cessation. It is also known as dextromethorphan-bupropion. The drug is in Phase 3 clinical development for these neurological and psychiatric conditions.

What does AXS-05 target?

AXS-05 is a combination of dextromethorphan and bupropion. Dextromethorphan is an NMDA receptor antagonist and sigma-1 receptor agonist, while bupropion is a norepinephrine and dopamine reuptake inhibitor. This dual mechanism is being studied for its effects on depression and other neurological conditions.

Who makes AXS-05?

AXS-05 is being developed by Axsome Therapeutics, Inc., a biopharmaceutical company traded on NASDAQ under the ticker AXSM. The company is conducting clinical trials to evaluate the drug for multiple indications including treatment resistant depression and agitation in Alzheimer's disease.

What phase is AXS-05 in?

AXS-05 is in Phase 3 clinical development. It has received FDA designations including Priority Review, Breakthrough Therapy, and Orphan Drug designation. The drug is investigational and has not been approved by the FDA for any indication.

What clinical trials is AXS-05 in?

AXS-05 has completed four clinical trials. These include NCT02741791 and NCT04019704, both Phase 3 studies in major depressive disorder, NCT03471767, a Phase 2 trial in smoking cessation, and NCT04608396, a Phase 2 mechanistic study in treatment resistant depression. Total enrollment across trials was 1,408 participants.

Is AXS-05 the same as dextromethorphan-bupropion?

Yes, AXS-05 is also known as dextromethorphan-bupropion. It is a combination product containing these two active ingredients. The drug is being developed by Axsome Therapeutics for multiple psychiatric and neurological conditions.