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Stock impact report

Here's Why Sage Therapeutics Rose as Much as 20.3% Today [The Motley Fool]

Sage Therapeutics, Inc. (SAGE) 
Last sage therapeutics, inc. earnings: 2/27 06:30 am Check Earnings Report
US:NASDAQ Investor Relations: investor.sagerx.com/investor-relations
Company Research Source: The Motley Fool
The FDA approved an accelerated path through the clinic for the biopharma's next major drug candidate. Maxx Chatsko ( TMFBlacknGold ) Jun 12, 2018 at 5:26PM What happened Shares of Sage Therapeutics ( NASDAQ:SAGE ) soared more than 20% today after the company announced that the U.S. Food and Drug Administration will allow an expedited development program for one of its most promising drug candidates . SAGE-217, being evaluated as a potential treatment for various forms of depression and insomnia, will be allowed to run a single 450-patient study for major depressive disorder to support an application for marketing approval. An ongoing trial in postpartum depression will also now be considered a pivotal trial, and data generated can support an eventual application for approval. As of 3:29 p.m. EDT, the stock had settled to a 18.8% gain. I Show less Read more
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