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Xenon to Present New Azetukalner OLE Study Data in Epilepsy at AES 2025

Key Takeaway: Xenon Pharmaceuticals will present new data on azetukalner at the AES 2025 meeting, focusing on its long-term effects in patients with focal onset seizures. The company will showcase findings from the X-TOLE open-label extension study and host a symposium on depression in epilepsy. The event will take place from December 5-9, 2025, in Atlanta, Georgia.
Price reaction · baseline $42.05 (2025-11-24 close) · hit pre-market · clean, no other XENE news in the window
day 0 close · peak
+4.5%

Market Sentiment Analysis

POSITIVE FACTORS

  • Xenon is presenting new long-term data on azetukalner at AES 2025.
  • The study could inform future clinical practices for epilepsy treatment.
  • Xenon is partnering with the Epilepsy Foundation for a symposium.

BiopharmaWatch Analysis

From our catalyst data and publicly available data · not financial advice
Best trade, last catalyst
+56%
120-day peak, hindsight
Typical move
14.4%
average across 4 past catalysts
Cash runway
~39 mo
Minimal dilution risk
Lead asset
XPF-001
Phase 1 · Primary Erythromelalgia

Full Press Release Details

VANCOUVER, British Columbia and BOSTON, MA, Nov. 25, 2025 (GLOBE NEWSWIRE) -- Xenon Pharmaceuticals Inc. (Nasdaq: XENE), a neuroscience-focused biopharmaceutical company dedicated to drug discovery, clinical development and commercialization of life-changing therapeutics for patients in need, today announced multiple presentations at the upcoming American Epilepsy Society Annual Meeting (AES 2025), taking place December 5-9, 2025 at the Georgia World Congress Center in Atlanta, Georgia. Seven posters will be presented, including new long-term data from the ongoing X-TOLE open-label extension study of azetukalner in patients with focal onset seizures (FOS), and data characterizing patterns of seizure freedom epochs with extended use of azetukalner, which could inform future clinical practice. Xenon’s poster presentations also include findings on the impact of depression on epilepsy patients, as well as new pre-clinical data from the Company’s early-stage NaV1.1 program in Dravet syndrome.

Long-Term Data for Azetukalner in Epilepsy

Epilepsy Real World Studies

Early-stage Pipeline Data

Satellite SymposiumXenon is hosting a symposium in partnership with the Epilepsy Foundation of America (EFA) entitled “Exploring Depression and Anxiety in Epilepsy: A Practical Dialogue with Patients and Providers” on Saturday, December 6, 2025 from 6:00 – 9:00 pm ET in Room B213. The panel presentation will feature several representatives from EFA, as well as Dr. Jacqueline A. French, epileptologist and neurologist with the NYU Langone Comprehensive Epilepsy Center, Dr. Andres M. Kanner, Professor of Clinical Neurology and Director of the Comprehensive Epilepsy Center and Chief of the Epilepsy Division at the Department of Neurology of the University of Miami, Miller School of Medicine, and Dr. Heidi Marie Munger Clary, Associate Professor of Neurology, Epilepsy Fellowship Director and Director of Faculty Research Development at Wake Forest University School of Medicine.
Scientific ExhibitXenon is also hosting a Scientific Exhibit to provide an overview of its clinical- and pre-clinical-stage research programs on Sunday, December 7, 2025 from 2:00 – 5:00 pm ET in Room B304/B305.
For more information about Xenon’s planned participation at AES 2025, please visit thislink. Posters will be available after the live presentations.
About Xenon Pharmaceuticals Inc.Xenon Pharmaceuticals (Nasdaq: XENE) is a neuroscience-focused biopharmaceutical company dedicated to drug discovery, clinical development, and commercialization of life-changing therapeutics for patients in need. Xenon’s lead molecule, azetukalner, is a novel, potent, selective KV7 potassium channel opener in Phase 3 clinical trials for the treatment of epilepsy, major depressive disorder (MDD) and bipolar depression (BPD). Xenon is also advancing an early-stage portfolio of multiple promising potassium and sodium channel modulators, including KV7 and NaV1.7 programs in Phase 1 development for the potential treatment of pain. Xenon has offices in Vancouver, British Columbia, and Boston, Massachusetts. For more information, visitwww.xenon-pharma.comand follow us onLinkedInandX.
Xenon and the Xenon logo are registered trademarks or trademarks of Xenon Pharmaceuticals Inc. in the US, Canada, and elsewhere. All other trademarks belong to their respective owner.
Safe Harbor StatementThis press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, and the Private Securities Litigation Reform Act of 1995 and Canadian securities laws. These forward-looking statements are not based on historical fact, and include statements regarding the timing of and potential results from clinical studies; the potential efficacy, safety profile, future development plans in current and anticipated indications, addressable market, regulatory success and commercial potential of our and our partners’ product candidates; the efficacy of our clinical study designs; our ability to successfully develop and achieve milestones in our azetukalner and other pipeline and development programs, including the anticipated filing of INDs and NDAs; the timing and results of our interactions with regulators; our ability to successfully develop and obtain regulatory approval of azetukalner and our other product candidates; and anticipated timing of topline data readout from our clinical studies of azetukalner. These forward-looking statements are based on current assumptions that involve risks, uncertainties and other factors that may cause the actual results, events, or developments to be materially different from those expressed or implied by such forward-looking statements. These risks and uncertainties, many of which are beyond our control, include, but are not limited to: clinical studies may not demonstrate safety and efficacy of any of our or our collaborators’ product candidates; promising results from pre-clinical development activities or early clinical study results may not be replicated in later clinical studies; our assumptions regarding our planned expenditures and sufficiency of our cash to fund operations may be incorrect; our ongoing discovery and pre-clinical efforts may not yield additional product candidates; any of our or our collaborators’ product candidates, including azetukalner, may fail in development, may not receive required regulatory approvals, or may be delayed to a point where they are not commercially viable; we may not achieve additional milestones in our proprietary or partnered programs; regulatory agencies may impose additional requirements or delay the initiation or completion of clinical studies; the impact of market, industry, and regulatory conditions on clinical study enrollment; the impact of competition; the impact of expanded product development and clinical activities on operating expenses; the impact of new or changing laws and regulations; the impact of unstable economic conditions in the general domestic and global economic markets; adverse conditions from geopolitical events; as well as the other risks identified in our filings with the U.S. Securities and Exchange Commission and the securities commissions in British Columbia, Alberta, and Ontario. These forward-looking statements speak only as of the date hereof and we assume no obligation to update these forward-looking statements, and readers are cautioned not to place undue reliance on such forward-looking statements.
Xenon and the Xenon logo are registered trademarks or trademarks of Xenon Pharmaceuticals Inc. in the US, Canada, and elsewhere. All other trademarks belong to their respective owner.

Contact:Colleen AlabisoSenior Vice President, Corporate Affairs(617) 671-9238Media:media@xenon-pharma.comInvestors:investors@xenon-pharma.com

Frequently Asked Questions

What is the focus of Xenon's presentation at AES 2025?

Xenon will present new long-term data on azetukalner for focal onset seizures.

When is the AES 2025 meeting taking place?

The AES 2025 meeting is scheduled for December 5-9, 2025.

What other topics will be discussed at the symposium?

The symposium will address depression and anxiety in epilepsy.

Where will the AES 2025 meeting be held?

The meeting will be held at the Georgia World Congress Center in Atlanta.

Last updated: Nov 25, 2025