Form 8-K Sage Therapeutics, Inc. For: Jul 24

Go back to Form 8-K Sage Therapeutics, Inc. For: Jul 24

Sage Therapeutics stock sinks after drug study failed

July 24, 2024 8:15 AM EDT

SAGE Therapeutics (NASDAQ: SAGE) stock price dropped significantly pre-market Wednesday after the company, alongside partner Biogen, announced disappointing results from a late-stage clinical trial for its drug SAGE-324 (BIIB124) for essential tremor (ET).

The Phase 2 KINETIC 2 study failed to meet its primary endpoint, which measured improvement in upper limb tremors. Additionally, no... More