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July 18, 2014
05:52 EDTSAGESage Therapeutics 5M share IPO priced at $18.00
The deal priced at the high end of the revised $17.00-$18.00 range. JPMorgan and Goldman acted as joint book running managers for the offering.
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July 22, 2014
06:41 EDTSAGESage Therapeutics receives fast track designation for SAGE-547
SAGE Therapeutics announced that the FDA has granted fast track designation to the SAGE-547 development program. SAGE-547 is an allosteric modulator of GABAA receptors in development for the treatment of adult patients with refractory status epilepticus who have not responded to standard regimens. SAGE is currently evaluating SAGE-547 in a Phase 1/2 clinical trial for the treatment of SRSE. Preliminary data indicate that the first four patients enrolled in the clinical trial met the key efficacy endpoint, in that each was successfully weaned off his or her anesthetic agent while SAGE-547 was being administered. There have also been no reported drug-related serious adverse events in these four patients to date.
July 18, 2014
10:55 EDTSAGESage Therapeutics opens for trade at $27.00, IPO priced at $18.00
10:47 EDTSAGESage Therapeutics indicated to open $27.00
10:44 EDTSAGESage Therapeutics indicated to open $25.00
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05:52 EDTSAGESage Therapeutics 5M share IPO priced at $18.00
The deal priced at the high end of the revised $17.00-$18.00 range. JPMorgan and Goldman acted as joint book running managers for the offering.

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