Haitian-born billionaire Herriot Tabuteau sells $10.5 million in Axsome shares before earnings
Herriot Tabuteau sold $10.5 million in Axsome shares on expiring options, days before earnings, and still holds a stake worth $1.6 billion.
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Herriot Tabuteau sold $10.5 million in Axsome shares on expiring options, days before earnings, and still holds a stake worth $1.6 billion.
The FDA has accepted a narcolepsy drug from Axsome Therapeutics, the biotech built by Haitian-born billionaire Herriot Tabuteau, with a decision due in May 2027.
Axsome Therapeutics, led by Haitian-born billionaire Herriot Tabuteau, has dosed the first child in a Phase 3 trial of solriamfetol for ADHD.
Shares of Axsome Therapeutics have doubled in nine months, pushing the net worth of Haiti-born founder Herriot Tabuteau to $2.2 billion.
Axsome Therapeutics CEO Herriot Tabuteau sold 49,670 shares worth $11.97 million on June 9 under a pre-approved trading plan as AXSM trades near record highs.