On June 24, 2022, Axsome Therapeutics, Inc. received from the U.S. Food and Drug Administration (the “FDA”) proposed labeling for the Company's AXS-05 product candidate with respect to its New Drug Application (the “NDA”) for AXS-05 for the treatment of major depressive disorder. The Company is reviewing the proposed labeling and will reply to the FDA to secure final labeling agreement.