BioXcel Therapeutics, Inc. (BTAI) Research

BioXcel Therapeutics, Inc. is a biopharmaceutical firm that has reached the commercial phase, distinguishing itself by leveraging artificial intelligence to advance the creation of transformative therapies in the fields of neuroscience and immuno-oncology. Their distinctive methodology, termed 'drug re-innovation,' involves harnessing the power of big data and proprietary machine learning algorithms to uncover novel therapeutic applications for existing approved medications or drug candidates with established clinical validation. The company's flagship commercial offering, IGALMI (known during development as BXCL501), is a unique sublingual film delivering dexmedetomidine, designed for the rapid management of agitation experienced by adults with schizophrenia or bipolar I or II disorder. Beyond its current commercial use, BXCL501 is also undergoing further clinical investigation. Studies are underway to assess its efficacy for agitation in individuals with Alzheimer's disease, as an add-on therapy for major depressive disorder, and for use in community settings to address agitation linked to bipolar disorders and schizophrenia. Furthermore, BioXcel is advancing BXCL502, a candidate therapy targeting chronic agitation prevalent in dementia patients. Another key pipeline asset is BXCL701, an orally administered systemic innate immunity activator currently under investigation. This compound shows promise for treating aggressive prostate cancer and advanced solid tumors that have either become resistant to checkpoint inhibitors or have not yet received such treatment. Established in 2017, the company maintains its headquarters in New Haven, Connecticut.

Market snapshot

Symbol
BTAI
Price
$1.20
Day change
+0.84%
Market cap
$37.1M
P/E ratio
-0.19x
52-week range
1.01-8.08
Sector
Healthcare
Industry
Biotechnology
Next earnings
in 2 months
Analyst price target
$12.00

Peer companies

  • Annovis Bio, Inc. (ANVS)
  • BioAtla, Inc. (BCAB)
  • Celularity Inc. (CELU)
  • Evaxion Biotech A/S (EVAX)
  • Generation Bio Co. (GBIO)
  • MAIA Biotechnology, Inc. (MAIA)
  • Mural Oncology plc (MURA)
  • PolyPid Ltd. (PYPD)

Recent insider activity

  • Rodriguez Javier — M-Exempt (35 shares) on 2026-06-15
  • Rodriguez Javier — M-Exempt (35 shares) on 2026-06-15
  • Steinhart Richard I — M-Exempt (35 shares) on 2026-06-15
  • Steinhart Richard I — M-Exempt (35 shares) on 2026-06-15
  • Yocca Frank — M-Exempt (35 shares) on 2026-06-15

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