Axovant Builds A Case For GSK’s 5-HT6 Castoff In Alzheimer’s

Latest data suggest startup Axovant has a plausible path for its modestly effective RVT-101 toward approval, but the field is still inherently risky and the market is wary nevertheless.

Startup Axovant Sciences Ltd. is trying to make a case for its oral Alzheimer’s drug RVT-101, finessing an answer to the tricky question of why the drug previously was dumped by GlaxoSmithKline PLC. But the field is inherently risky and the company may need more irons in the fire to keep investors happy.

Axovant is relying on the relatability of the mechanism of action for RVT-101 (SB742457, GSK742457), which is being positioned as...

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