SAGE, BIIB End Collaboration for Neurology Candidate SAGE-324
SAGESage Therapeutics(SAGE) ZACKS·2024-09-27 23:30

Sage Therapeutics, Inc. (SAGE) announced that partner Biogen (BIIB) has terminated its rights related to the investigational neurology candidate, SAGE-324. A phase II study on SAGE-324 for treating essential tremor (ET) failed to meet the primary endpoint in July. The termination will be effective from Feb. 17, 2025. Following the termination of the deal by BIIB, Sage Therapeutics will obtain full ownership and rights of SAGE-324. The company plans to study SAGE-324 for other indications, if any. Year to da ...