M&A Deal Summary

Axsome Acquires Baergic Bio

On November 6, 2025, Axsome acquired life science company Baergic Bio from Avenue Therapeutics

Acquisition Highlights
  • This is Axsome’s 2nd transaction in the Life Science sector.
  • This is Axsome’s 1st transaction in the United States.
  • This is Axsome’s 1st transaction in New York.

M&A Deal Summary

Date 2025-11-06
Target Baergic Bio
Sector Life Science
Buyer(s) Axsome
Sellers(s) Avenue Therapeutics
Deal Type Divestiture

Target

Baergic Bio

New York, New York, United States
Baergic Bio operates as a clinical-stage pharmaceutical company focused on developing an oral small-molecule therapeutic (BAER-101) targeted at central nervous system disorders such as epilepsy and anxiety. Baergic Bio was founded in December 2019 and is headquartered in New York, New York.

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Buyer(S) 1

Buyer

Axsome

New York, New York, United States

Category Company
Founded 2012
Sector Life Science
Employees712
Revenue 386M USD (2024)
DESCRIPTION

Axsome is a biopharmaceutical company developing novel therapies for central nervous system (CNS) conditions that have limited treatment options. Through the development of therapeutic options with novel mechanisms of action, we are transforming the approach to treating CNS conditions. Axsome was founded in 2012 and is based in New York, New York.


DEAL STATS #
Overall 2 of 2
Sector: Life Science M&A 2 of 2
Type: Divestiture M&A Deals 2 of 2
State: New York M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2025 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-03-28 Jazz Pharmaceuticals - Sunosi

Dublin, Ireland

Jazz Pharmaceuticals' Sunosi is a dual-acting dopamine and norepinephrine reuptake inhibitor shown to improve wakefulness in adults living with excessive daytime sleepiness (EDS) due to narcolepsy or obstructive sleep apnea (OSA).

Buy $53M

Seller(S) 1

SELLER

Avenue Therapeutics

Bay Harbor Islands, Florida, United States

Category Company
Founded 2015
Sector Life Science
DESCRIPTION

Avenue Therapeutics is a specialty pharmaceutical company focused on the development and commercialization of therapies for neurologic diseases. The Company was founded in 2015 and is headquartered in the Bay Harbor Islands, Florida.


DEAL STATS #
Overall 1 of 1
Sector: Life Science M&A 1 of 1
Type: Divestiture M&A Deals 1 of 1
State: New York M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2025 M&A 1 of 1