Sage Therapeutics Inc

NASDAQ: SAGE
$15.44
-$1.13 (-6.8%)
Closing price April 12, 2024
Sage Therapeutics Inc is a biopharmaceutical company focused on innovating brain health medicines. It has developed ZULRESSO, a treatment for postpartum depression, and is working on other promising drugs like ZURZUVAE for the same condition, SAGE-324 for essential tremors, and SAGE-718 aimed at various neurological disorders including depression and Alzheimer's disease. The company collaborates with global partners like Shionogi & Co. and Biogen MA Inc. to expand its reach. Founded in 2010 and based in Cambridge, Massachusetts, Sage Therapeutics is committed to addressing unmet needs in brain health.
Sage Therapeutics shareholders took a bath on Thursday after results from its late-stage major depressive disorder trial came public.
Friday's top analyst upgrades and downgrades included Anthem, Ciena, Dollar General, Encana, Lennar, Lululemon Athletica, Sage Therapeutics, Target, Tesla, Trade Desk and Yext.
Thursday was a breakout day for a few biotech companies. Some made absolutely massive runs, while others fell off a cliff.