Sage Therapeutics Stock Soars

Sage Therapeutics Inc. sued Biogen Inc. on Friday, a week after the biotech giant made an unsolicited offer to acquire the ...
Analysts say the deal, which would give Biogen full control over the drug Zurzuvae, could be a smart financial move. Yet it's ...
Biogen’s proposed acquisition comes after two difficult years of regulatory and clinical challenges, during which shares of ...
A yearslong partner of neuroscience player Sage, Biogen already owns 10.2% of the Cambridge, Massachusetts-based biotech, ...
The $7.22-per-share deal for 89.8% of Sage is a 30% premium on the company's share price on Friday and is estimated by ...
Biogen is looking to augment growth by hunting for biotechs with drugs in mid- and late-stage clinical development.
Biogen expects revenue from new launches to exceed its current sales by 2028 and does not feel the need to chase additional ...