Ex-Stanford President's AI Drug Startup Pulls In $1 Billion in Commitments [BNN Bloomberg (Canada)]
Sage Therapeutics, Inc. (SAGE)
Last sage therapeutics, inc. earnings: 2/27 06:30 am
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Source: BNN Bloomberg
The company, Xaira Therapeutics, launched this week with $1 billion in capital commitments from some of Silicon Valley's biggest firms, including Sequoia Capital and Lightspeed Venture Partners. The company aims to use artificial intelligence models to find new drugs to treat diseases. Tessier-Lavigne's tenure at Stanford was marred by controversy surrounding questions about research data in papers he co-authored. Last year a special committee found no evidence of fraud or data falsification on his part. He remained a Stanford faculty member. Read More: Stanford Student Uncovered Scandal That Took Down a President Xaira was incubated at Foresite Labs and at venture firm ARCH Venture Partners, which has backed giants such as Illumina, Sage Therapeutics and Vir Biotechnology. ARCH's Robert Nelsen said he sought out Tessier-Lavigne to lead the company, and that he had support from investors — including some who said they would back the company only if Tessier-Lavigne led it. “It
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News
- ATTENTION Sage Therapeutics, Inc. Investors: You May Have Been Affected by Fraud - Contact Levi & Korsinsky to Discuss Your RightsAccesswire
- Sage Therapeutics, Inc. Investigation Ongoing: Contact Levi & Korsinsky About Potential Securities Fraud Allegations - SAGEAccesswire
- SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors Sage Therapeutics, Inc. - SAGEGlobeNewswire
- An Investigation Has Commenced on Behalf of Sage Therapeutics, Inc. Shareholders. Contact Levi & Korsinsky to Discuss your SAGE Losses.Accesswire
- Sage Therapeutics, Inc. (NASDAQ: SAGE) had its price target lowered by analysts at JPMorgan Chase & Co. from $29.00 to $28.00. They now have an "overweight" rating on the stock.MarketBeat
SAGE
Earnings
- 4/25/24 - Miss
SAGE
Sec Filings
- 4/25/24 - Form 10-Q
- 4/25/24 - Form 8-K
- 4/24/24 - Form ARS
- SAGE's page on the SEC website