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Country
US
Industry
Health Care
Market Cap
Mid Cap
Num. Employees
689
IPO Date
Jul 18, 2014
Country
US
Industry
Health Care
SAGE Therapeutics, Inc. is a biopharmaceutical company, which engages in the development and commercialization of novel medicines. The company is headquartered in Cambridge, Massachusetts and currently employs 689 full-time employees. The company went IPO on 2014-07-18. The firm is focused on developing and commercializing brain health medicines. The firm's product, ZULRESSO (brexanolone) CIV injection, is for the treatment of postpartum depression (PPD) in adults. The company has a portfolio of other product candidates with a focus on modulating two central nervous systems (CNS) receptor systems, GABA and NMDA. The company targets diseases and disorders of the brain with three focus areas: depression, neurology and neuropsychiatry. Its other advanced product candidate is zuranolone (SAGE-217), an oral compound being developed for certain affective disorders, including major depressive disorder (MDD) and PPD. Zuranolone is a neuroactive steroid that is a positive allosteric modulator of GABAA receptors, targeting both synaptic and extrasynaptic GABAA receptors. The firm has a portfolio of other compounds that target GABAA receptors, including SAGE-324.
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Yahoo
81.82%
Finnhub
9.09%
zacks.com
9.09%
Tip: Try a valid symbol or a specific company name for relevant results Stifel lowered the firm’s price target on Sage Therapeutics (SAGE) to $6 from $10 and keeps a Hold rating on the shares.
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