SAGE Therapeutics Inc.'s stock surged nearly 50% Nov. 9 after the small biotech reported positive Phase III data on its lead drug brexanolone in patients with postpartum depression. Brexanolone represents a new mechanism of action for treating the serious disorder, and the positive data generated renewed enthusiasm for Sage's pipeline targeting central nervous system disorders.
"These data demonstrate that this type of approach can modulate mood," CEO Jeff Jonas said during a same-day conference call outlining the top-line data
Read the full article – start your free trial today!
Join thousands of industry professionals who rely on Scrip for daily insights
- Start your 7-day free trial
- Explore trusted news, analysis, and insights
- Access comprehensive global coverage
- Enjoy instant access – no credit card required
Already a subscriber?