Axsome Therapeutics Announces the Promotion of Mark Jacobson to Chief Operating Officer

NEW YORK, March 05, 2020 (GLOBE NEWSWIRE) -- Axsome Therapeutics, Inc. (NASDAQ: AXSM), a clinical-stage biopharmaceutical company developing novel therapies for the management of central nervous system (CNS) disorders, today announced the appointment of Mark Jacobson as Chief Operating Officer. In this new role, Mr. Jacobson will oversee the day-to-day operations of the company, including aspects of research and development, manufacturing, program management, and corporate development.

“I am delighted to announce the promotion of Mark which recognizes his exceptional leadership and results-oriented approach, making him the ideal person to lead operations for Axsome through what we believe to be a transformational time,” said Herriot Tabuteau, MD, Chief Executive Officer of Axsome. “Since joining Axsome as its second employee, Mark has been instrumental in the rapid growth of the company and the achievement of multiple important corporate milestones. Today's announcement reflects the continued expansion of our organization as we evolve into a premier, fully integrated biopharmaceutical company developing and commercializing differentiated medicines for patients living with serious and difficult-to-treat CNS disorders.”

Mr. Jacobson has been a member of the Axsome team since April 2014, and has served as our Senior Vice President, Operations since September 2017. Prior to joining Axsome, he was Director of Corporate Development at Stemline Therapeutics, Inc., where his responsibilities covered corporate operations, investor relations, public relations, and intellectual property. Mr. Jacobson began his career in healthcare communications at Publicis Healthcare Communications Group. Mr. Jacobson earned a Master of Arts in Biotechnology from Columbia University and a Bachelor of Science in Biology from Iowa State University.

About Axsome Therapeutics, Inc.

Axsome Therapeutics, Inc. is a clinical-stage biopharmaceutical company developing novel therapies for the management of central nervous system (CNS) disorders for which there are limited treatment options. Axsome’s core CNS product candidate portfolio includes five clinical-stage candidates, AXS-05, AXS-07, AXS-09, AXS-12, and AXS-14. AXS-05 is currently in a Phase 3 trial in treatment resistant depression (TRD), a Phase 2/3 trial in agitation associated with Alzheimer’s disease (AD), and is being developed for major depressive disorder (MDD). AXS-05 is also being developed for smoking cessation treatment. AXS-07 is currently in a Phase 3 trial for the acute treatment of migraine. AXS-12 is being developed for the treatment of narcolepsy. AXS-14 is being developed for the treatment of fibromyalgia. AXS-05, AXS-07, AXS-09, AXS-12, and AXS-14 are investigational drug products not approved by the FDA. For more information, please visit the Company’s website at axsome.com. The Company may occasionally disseminate material, nonpublic information on the company website.