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BioXcel Therapeutics to Host Virtual Roundtable Featuring Leading Medical Experts Addressing Latest Developments in Treatment of Acute Agitation in Alzheimer’s Dementia

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BioXcel Therapeutics (Nasdaq: BTAI) will host a virtual KOL roundtable on February 27, 2026 at 2:00 p.m. EST to discuss acute agitation in Alzheimer’s dementia and the unmet need for FDA-approved treatments.

The panel will review the potential role of BXCL501 and the company’s preparations to initiate the TRANQUILITY In-Care Phase 3 trial; a replay will be available on the company website.

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Positive

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Negative

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News Market Reaction – BTAI

-0.63%
1 alert
-0.63% News Effect

On the day this news was published, BTAI declined 0.63%, reflecting a mild negative market reaction.

Data tracked by StockTitan Argus on the day of publication.

Key Figures

Annual agitation episodes: 100 million episodes TRANQUILITY In-Care: Phase 3 Roundtable date: February 27, 2:00–3:00 p.m. EST +5 more
8 metrics
Annual agitation episodes 100 million episodes Acute agitation episodes in Alzheimer’s dementia per year
TRANQUILITY In-Care Phase 3 Planned double-blind, placebo-controlled trial of BXCL501 in Alzheimer’s agitation
Roundtable date February 27, 2:00–3:00 p.m. EST Scheduled KOL virtual roundtable on Alzheimer’s agitation
Beneficial ownership 1,835,192 shares (8.4%) Millennium entities and Israel A. Englander holdings per Schedule 13G/A
Beneficial ownership 1,833,717 shares (8.4%) Integrated Core Strategies (US) LLC holdings per Schedule 13G/A
Employee bonuses $225,000 per employee Milestone and retention bonus agreements tied to IGALMI sNDA
CEO bonus $650,000 Milestone and retention bonus agreement for Chief Executive Officer
Capital raise trigger $25 million Bonus acceleration if company raises at least this amount

Market Reality Check

Price: $1.57 Vol: Volume 291,851 is below t...
normal vol
$1.57 Last Close
Volume Volume 291,851 is below the 20-day average of 388,108, suggesting limited pre-event positioning. normal
Technical Shares at $1.58 are trading below the 200-day MA of $2.26, after a steep drop from the $8.08 52-week high.

Peers on Argus

Peers show mixed moves, with MAIA up 9.47% while JUNS, ATNM, PDSB and VTVT are d...

Peers show mixed moves, with MAIA up 9.47% while JUNS, ATNM, PDSB and VTVT are down between 0.18% and 5.45%, indicating no clear sector-wide trend tied to this awareness event.

Historical Context

5 past events · Latest: Feb 12 (Positive)
Pattern 5 events
Date Event Sentiment Move Catalyst
Feb 12 Market assessment IGALMI Positive -4.9% Updated market opportunity assessment and commercialization plans for IGALMI at-home use.
Jan 20 sNDA submission Positive +2.7% Submitted sNDA to FDA for IGALMI at-home label expansion supported by Phase 3 data.
Jan 12 Leadership expansion Positive +0.5% Appointed acting CCO and advanced launch planning for potential at-home IGALMI use.
Jan 07 Planned sNDA filing Positive +17.2% Announced intent to file sNDA for at-home IGALMI and highlighted unmet need.
Dec 03 Educational roundtable Positive +2.1% Sponsored virtual roundtable on treating acute agitation in bipolar disorder and schizophrenia.
Pattern Detected

Recent news has generally been positive and the stock often reacted in alignment, with only one notable divergence on a commercialization update.

Recent Company History

Over the last few months, BioXcel has focused on expanding IGALMI’s use into the at‑home setting, including an sNDA submission on January 14, 2026 and commercialization planning for a potential launch as early as year‑end 2026. Prior virtual roundtables highlighted large agitation episode burdens. The current Alzheimer’s agitation KOL event continues this strategy of educating stakeholders on sizeable unmet need and potential roles for BXCL501 and IGALMI in out‑of‑hospital care.

Market Pulse Summary

This announcement highlights a large unmet need in acute agitation related to Alzheimer’s dementia, ...
Analysis

This announcement highlights a large unmet need in acute agitation related to Alzheimer’s dementia, with an estimated 100 million annual episodes and no FDA‑approved therapies. The planned KOL roundtable and upcoming TRANQUILITY In‑Care Phase 3 trial underscore BioXcel’s effort to position BXCL501 in this setting. Investors may track trial initiation, regulatory progress around IGALMI’s at‑home use, and any updates linking BXCL501 to broader commercialization plans.

Key Terms

acute agitation, alzheimer’s dementia, phase 3, double-blind, +4 more
8 terms
acute agitation medical
"Discussion will focus on the high unmet need and the lack of FDA-approved treatment options associated with acute agitation episodes"
Acute agitation is a sudden, intense episode of restlessness, anxiety or aggressive behavior that can include pacing, shouting, threats or physical resistance and usually needs quick medical or security attention. For investors, it matters because reports of acute agitation in clinical trials or post-market safety data can influence regulators, product labels, prescribing habits and public perception—much like a sudden safety recall can change a product’s commercial outlook.
alzheimer’s dementia medical
"acute agitation episodes in Alzheimer’s dementia, highlighting the large unmet need"
A progressive brain disease that gradually destroys memory, thinking and the ability to carry out everyday tasks, often starting with short‑term memory loss and advancing to severe cognitive impairment. Think of it as a library losing both books and its catalog over time, so information can’t be found or used. Investors track it because its prevalence drives demand for drugs, diagnostics, caregiving and insurance, influences R&D spending and regulatory risk, and can materially affect companies and markets tied to elder care and healthcare innovation.
phase 3 medical
"initiation of the TRANQUILITY In-Care Phase 3 trial, a second double-blind, placebo-controlled study"
Phase 3 is the late-stage clinical testing step for a new drug or medical treatment, where the product is given to large groups of patients to confirm effectiveness, monitor side effects, and compare it to standard care. Successful Phase 3 results are often the final scientific hurdle before regulators decide on approval and market launch—like passing a final exam before graduation—and can sharply change a company's valuation and future revenue prospects.
double-blind medical
"a second double-blind, placebo-controlled study to evaluate BXCL501"
A double-blind process means that neither the people conducting an activity nor the people involved know certain key details, such as who is receiving a treatment or a placebo. This approach helps prevent bias from influencing the results, making the outcome more trustworthy. For investors, it ensures that decisions or judgments are based on unbiased information rather than preconceived opinions or expectations.
placebo-controlled medical
"a second double-blind, placebo-controlled study to evaluate BXCL501"
"Placebo-controlled" describes a testing method where one group receives the actual treatment or intervention, while another group receives a harmless, inactive version called a placebo. This approach helps determine whether the real treatment has genuine effects beyond psychological expectations. For investors, understanding this ensures confidence that reported benefits are real and not influenced by bias or false perceptions.
key opinion leader technical
"announced it will host a virtual key opinion leader (KOL) roundtable"
A key opinion leader is an individual whose insights, expertise, or influence significantly shape the opinions and decisions of others within a particular field or community. For investors, they are like trusted guides whose views can impact market trends or perceptions, making their perspectives important to watch. Their influence often stems from experience, reputation, or widespread respect among peers.
sublingual medical
"first and only orally dissolving sublingual film for the acute treatment of agitation"
Sublingual describes a way to take a drug or supplement by placing it under the tongue so active ingredients are absorbed through the thin tissue there directly into the bloodstream. Like taking a shortcut compared with swallowing a pill, this can produce faster effects, simpler dosing and sometimes more predictable delivery. Investors watch for sublingual formulations because they can affect a product’s market appeal, regulatory pathway, pricing and competitive positioning.
supplemental new drug application regulatory
"submitted a supplemental New Drug Application (sNDA) to the U.S. FDA"
A supplemental new drug application is a request submitted to regulatory authorities to make changes to an existing approved medication, such as adding new uses, strengths, or formulations. For investors, it signals that a pharmaceutical company is seeking approval for new product developments or expanded applications, which can impact the company's future sales, market potential, and stock value.

AI-generated analysis. Not financial advice.

Discussion will focus on the high unmet need and the lack of FDA-approved treatment options associated with acute agitation episodes in Alzheimer’s dementia

Large patient population affected by Alzheimer’s agitation, with approximately ~100 million annual episodes1

KOL Roundtable to be held on Friday, February 27, at 2:00 p.m. EST

NEW HAVEN, Conn., Feb. 19, 2026 (GLOBE NEWSWIRE) -- BioXcel Therapeutics, Inc. (Nasdaq: BTAI), a biopharmaceutical company built on artificial intelligence (“AI”) to develop transformative medicines in neuroscience, today announced it will host a virtual key opinion leader (KOL) roundtable on Friday, February 27, from 2:00 to 3:00 p.m. EST.

The event is a continuation of the Company’s awareness and educational initiatives focused on addressing acute agitation episodes associated with neuro-psychiatric diseases. The discussion will center on acute agitation episodes in Alzheimer’s dementia, highlighting the large unmet need for treatment options for this patient population and caregivers across a variety of settings. Acute agitation episodes related to Alzheimer’s dementia impacts a substantial patient population, accounting for approximately 100 million episodes annually.1

The panelists will also explore the potential role of BXCL501 as a differentiated treatment option in this disease area. BXCL501 is a late-stage product candidate being evaluated for the treatment of acute agitation episodes in Alzheimer’s dementia. There are no FDA-approved therapies for the treatment of acute agitation episodes in Alzheimer’s dementia.

Currently, the Company is advancing preparations for the initiation of the TRANQUILITY In-Care Phase 3 trial, a second double-blind, placebo-controlled study to evaluate BXCL501 for the treatment of acute agitation episodes in Alzheimer's dementia.

The roundtable event will be moderated by Anjalee Khemlani, an award-winning healthcare journalist and podcast host (Give It To Me Straight, Doc), known for her in-depth reporting on the industry, most recently at Yahoo Finance.

The roundtable will feature the following medical professionals:

  • George T. Grossberg, MD, Inaugural Henry & Amelia Nasrallah Endowed Professor, Director Division of Geriatric Psychiatry, Department of Psychiatry & Behavioral Neuroscience, Saint Louis University School of Medicine
  • Anton P. Porsteinsson, MD, William B. and Sheila Konar Professor of Psychiatry, Neurology, Neuroscience, and Medicine, Director, Alzheimer's Disease Care, Research and Education Program (AD-CARE), University of Rochester School of Medicine and Dentistry
  • Angela Sanford, MD, Professor of Internal Medicine-Geriatrics, Saint Louis University School of Medicine

Webcast Details:

To register for the webcast, click here. A replay of the event will be available on the BioXcel Therapeutics website following the live presentation.

Attendees may submit questions via written Q&A during the event. Attendees are encouraged to log in approximately 10 minutes prior to the scheduled start time.

About BioXcel Therapeutics, Inc.

BioXcel Therapeutics, Inc. (Nasdaq: BTAI) is a biopharmaceutical company built on artificial intelligence (“AI”) to develop transformative medicines in neuroscience. Its wholly owned subsidiary, OnkosXcel Therapeutics, is focused on the development of medicines in immuno-oncology. The Company’s drug re-innovation approach leverages existing approved drugs and/or clinically validated product candidates together with big data and proprietary machine learning algorithms to identify new therapeutic indications. For more information, please visit bioxceltherapeutics.com.

About BXCL501

Outside of its approved indication by the U.S. Food and Drug Administration as IGALMI® (dexmedetomidine) sublingual film, BXCL501 is an investigational proprietary, orally dissolving film formulation of dexmedetomidine, a selective alpha-2 adrenergic receptor agonist. BXCL501 is under investigation by BioXcel Therapeutics for the acute treatment of agitation associated with Alzheimer’s dementia and for the acute treatment of agitation associated with bipolar I or II disorder or schizophrenia in the at-home setting. The safety and efficacy of BXCL501 for these investigational uses have not been established. BXCL501 has been granted Breakthrough Therapy designation by the FDA for the acute treatment of agitation associated with dementia and Fast Track designation for the acute treatment of agitation associated with schizophrenia, bipolar disorders, and dementia.

About the TRANQUILITY In-Care Phase 3 Trial

The TRANQUILITY In-Care trial is designed as a double-blind, placebo-controlled study to evaluate the efficacy and safety of a 60 mcg dose of BXCL501 over a 12-week period for agitation associated with Alzheimer’s dementia in the care setting. The trial is expected to enroll approximately 200 patients 55 years and older who have mild, moderate, or severe dementia with mini-mental state examination scores of 0 to 25 and who reside in skilled nursing facilities, memory care units, or assisted living facilities. Patients will self-administer 60 mcg of BXCL501 or placebo when episodic agitation episodes occur over the trial period. The primary endpoint is expected to be a change from baseline in the Positive and Negative Syndrome Scale-Excitatory Component (PEC) total score at two hours post-first dose. Additional PEC and Clinical Global Impressions – Improvement Scale measurements will also be obtained during the trial.

Forward-Looking Statements

This press release includes “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. We intend such forward-looking statements to be covered by the safe harbor provisions for forward-looking statements contained in Section 27A of the Securities Act of 1933, as amended and Section 21E of the Securities Exchange Act of 1934, as amended. All statements contained in this press release other than statements of historical fact should be considered forward-looking statements, including, without limitation, statements related to: the virtual KOL roundtable centered on acute agitation episodes in Alzheimer’s dementia; the potential role of BXCL501 as a differentiated treatment option in this disease area; and the initiation of the TRANQUILITY In-Care Phase 3 trial, a second double-blind, placebo-controlled study to evaluate BXCL501 for the treatment of acute agitation episodes in Alzheimer's dementia. When used herein, words including “anticipate,” “believe,” “can,” “continue,” “could,” “designed,” “estimate,” “expect,” “forecast,” “goal,” “intend,” “may,” “might,” “plan,” “possible,” “potential,” “predict,” “project,” “should,” “target,” “will,” “would” and similar expressions are intended to identify forward-looking statements, though not all forward-looking statements use these words or expressions. In addition, any statements or information that refer to expectations, beliefs, plans, projections, objectives, performance or other characterizations of future events or circumstances, including any underlying assumptions, are forward-looking. All forward-looking statements are based upon the Company’s current expectations and various assumptions. The Company believes there is a reasonable basis for its expectations and beliefs, but they are inherently uncertain. The Company may not realize its expectations, and its beliefs may not prove correct. Actual results could differ materially from those described or implied by such forward-looking statements as a result of various important factors, including, without limitation: its limited operating history; its incurrence of significant losses; its need for substantial additional funding and ability to raise capital when needed; the impact of the reprioritization; its significant indebtedness, ability to comply with covenant obligations and potential payment obligations related to such indebtedness and other contractual obligations; the Company has identified conditions and events that raise substantial doubt about its ability to continue as a going concern; its limited experience in drug discovery and drug development; risks related to the TRANQUILITY program; its dependence on the success and commercialization of IGALMI®, BXCL501, BXCL502, BXCL701 and BXCL702 and other product candidates; the number of episodes of agitation and the size of the Company’s total addressable market may be overestimated, and approval that the Company may obtain may be based on a narrower definition of the patient population; its lack of experience in marketing and selling drug products; the risk that IGALMI® or the Company’s product candidates may not be accepted by physicians or the medical community in general; the Company still faces extensive and ongoing regulatory requirements and obligations for IGALMI®; the failure of preliminary data from its clinical studies to predict final study results; failure of its early clinical studies or preclinical studies to predict future clinical studies; its ability to receive regulatory approval for its product candidates; its ability to enroll patients in its clinical trials; undesirable side effects caused by the Company’s product candidates; its novel approach to the discovery and development of product candidates based on EvolverAI; the significant influence of and dependence on BioXcel LLC; its exposure to patent infringement lawsuits; its reliance on third parties; its ability to comply with the extensive regulations applicable to it; impacts from data breaches or cyber-attacks, if any; risks associated with the increased scrutiny relating to environmental, social and governance (ESG) matters; risks associated with federal, state or foreign health care “fraud and abuse” laws; and its ability to commercialize its product candidates, as well as the important factors discussed under the caption “Risk Factors” in its Annual Report on Form 10-K for the fiscal year ended December 31, 2024, as such factors may be updated from time to time in its other filings with the SEC, which are accessible on the SEC’s website at and the Investors section of the Company’s website at. These and other important factors could cause actual results to differ materially from those indicated by the forward-looking statements made in this press release. Any such forward-looking statements represent management’s estimates as of the date of this press release. While the Company may elect to update such forward-looking statements at some point in the future, except as required by law, it disclaims any obligation to do so, even if subsequent events cause our views to change. These forward-looking statements should not be relied upon as representing the Company’s views as of any date subsequent to the date of this press release.

Contact Information:

Corporate/Investors
Russo Partners
Nic Johnson
nic.johnson@russopartnersllc.com
1.303.482.6405

Media
Russo Partners
David Schull
david.schull@russopartnersllc.com
1.858.717.2310

Source: BioXcel Therapeutics, Inc.

References

1. Data on file. BioXcel Therapeutics, Inc. New Haven, CT December 2020


FAQ

When is BioXcel Therapeutics (BTAI) hosting the virtual roundtable on acute agitation in Alzheimer’s dementia?

The roundtable is scheduled for February 27, 2026 at 2:00 p.m. EST. According to the company, the event runs one hour and includes live Q&A and a later replay on the company website.

What topics will BioXcel (BTAI) cover in the February 27, 2026 roundtable on BXCL501?

The panel will focus on the high unmet need and treatment gaps for acute agitation in Alzheimer’s dementia. According to the company, discussion will also explore BXCL501's potential role and Phase 3 trial preparations.

Who are the panelists and moderator for BioXcel Therapeutics (BTAI) KOL roundtable on February 27, 2026?

The event is moderated by Anjalee Khemlani and features Drs. George Grossberg, Anton Porsteinsson, and Angela Sanford. According to the company, each is a medical expert in geriatrics and dementia care.

Does BioXcel (BTAI) say there are FDA-approved therapies for acute agitation in Alzheimer’s dementia?

No — the company notes there are no FDA-approved therapies specifically for acute agitation in Alzheimer’s dementia. According to the company, this underscores a substantial unmet medical need.

How can investors and clinicians access the BioXcel (BTAI) roundtable webcast and replay?

Attendees can register for the live webcast via the company’s investor site and submit written Q&A during the event. According to the company, a replay will be posted on the BioXcel Therapeutics website after the presentation.
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