SAGE Therapeutics (SAGE) Posts Q4 Loss of ~$1.57/Share

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SAGE Therapeutics Reports Fourth Quarter and Full Year 2014 Financial Results

February 27, 2015 6:29 AM EST

CAMBRIDGE, Mass., Feb. 27, 2015 (GLOBE NEWSWIRE) -- SAGE Therapeutics (Nasdaq: SAGE), a clinical-stage biopharmaceutical company developing novel medicines to treat life-threatening, rare central nervous system (CNS) disorders, today reported business highlights and financial results for the fourth quarter and full year ended December 31, 2014.

"SAGE had a remarkable year in 2014 with the achievement of several clinical and corporate milestones, including significant progress in the development of our lead molecule, SAGE-547, successful completion of our initial public offering, and essential additions to our leadership team and board," said Jeff Jonas, M.D., chief executive officer of SAGE.... More