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Another Round Of Layoffs Underway At Sage, Including Half Of R&D

 
• By Jessica Merrill

The latest reorganization comes after a mid-stage pipeline asset failed in Alzheimer’s disease and Parkinson’s disease.

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Key Takeaways
  • Sage is laying off around 165 employees, including some corporate leaders, to preserve cash following a series of R&D setbacks.

Sage Therapeutics is laying off 33% of its workforce, including 55% of the company’s R&D organization and some of its...

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