Sage Therapeutics stock surges 70% on high hopes for depression drug [MarketWatch]
Sage Therapeutics, Inc. (SAGE)
Last sage therapeutics, inc. earnings: 2/27 06:30 am
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Source: MarketWatch
Sage Therapeutics stock surges 70% on high hopes for depression drug Sage Therapeutics Inc. stock soared more than 70% Thursday to mark its biggest-ever one-day price and percentage gain, after the company reported positive results in a midstage trial of a treatment for severe depression that could offer doctors a new mechanism to treat the disease. Sage SAGE, +74.46% said the Phase 2 trial of its Sage-217 drug involving 89 adult patients with moderate to severe major depressive disorder (MDD) met its primary and secondary endpoints. Patients showed a statistically significant mean reduction in the Hamilton Rating Scale for Depression after just 14 days of treatment compared with the placebo. The drug was well-tolerated with no serious or adverse events, said Sage. “With the caveat of cross-trial comparisons, this difference is both larger — and attained faster — than what’s observed for other antidepressants today,” Leerink analysts wrote in a note, as they raised their stock pric
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SAGE
News
- Sage Therapeutics, Inc. (NASDAQ: SAGE) had its price target raised by analysts at JPMorgan Chase & Co. from $24.00 to $29.00. They now have an "overweight" rating on the stock.MarketBeat
- Why Is Sage Therapeutics, Inc. (SAGE) Down 22% Since Last Earnings Report? [Yahoo! Finance]Yahoo! Finance
- Sage Therapeutics, Inc. (NASDAQ: SAGE) had its price target raised by analysts at Morgan Stanley from $20.00 to $22.00. They now have an "equal weight" rating on the stock.MarketBeat
- Sage Therapeutics to Present at Upcoming March Investor ConferencesBusiness Wire
- Huntington's Disease Treatment Market Size to Worth USD 1,217.10 Million by 2032 [Yahoo! Finance]Yahoo! Finance
SAGE
Earnings
- 2/14/24 - Beat
SAGE
Sec Filings
- 3/27/24 - Form SC
- 3/26/24 - Form 8-K
- 2/21/24 - Form SC
- SAGE's page on the SEC website