Sage Therapeutics Inc. (SAGE) 59.50 $SAGE
Ligand Earns
Sage Therapeutics Inc. (SAGE) 59.50 $SAGE
Ligand Earns Milestone from SAGE Therapeutics for SAGE-547
Business Wire - Wed Apr 22, 11:00AM CDT
Ligand Pharmaceuticals Incorporated (NASDAQ: LGND) today announced that it has earned a $500,000 milestone payment from SAGE Therapeutics (SAGE) relating to the treatment of the first patient in SAGE's Phase 3 open-label expanded access protocol, designated Study 302. Study 302 is designed to offer SAGE-547 to patients affected by super-refractory status epilepticus (SRSE) and to evaluate the safety of SAGE-547 in patients with SRSE. SAGE has reported that the results from this clinical trial, along with results from SAGE's planned Phase 3 placebo-controlled clinical trial - called the STATUS Trial - and other clinical data obtained from the SAGE-547 development program are intended to form the basis of a New Drug Application (NDA) submission.
SAGE: 59.50 (-2.56), LGND: 87.71 (-0.58)
Sage closes equity offering
Seeking Alpha - at Seeking Alpha - Tue Apr 21, 6:05AM CDT
SAGE: 59.50 (-2.56)
SAGE Therapeutics Announces Closing of $138 Million Public Offering of Common Stock Including Full Exercise of Option to Purchase Additional Shares
GlobeNewswire - Tue Apr 21, 5:30AM CDT
SAGE Therapeutics (Nasdaq:SAGE) today announced the closing of its previously announced underwritten public offering of common stock, including the exercise in full by the underwriters of their option to purchase an additional 342,857 shares at the public offering price of $52.50 per share. The exercise of the option to purchase additional shares brought the total number of shares of common stock sold by SAGE to 2,628,571 shares and increased the amount of gross proceeds raised in the offering, before underwriting discounts and estimated expenses of the offering, to approximately $138 million.
SAGE: 59.50 (-2.56), JPM: 62.94 (+0.63)
SAGE Therapeutics (SAGE) is in Overbought Territory: What's Next?
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