Sage Therapeutics boosted by strong results in Phase III trial
Sage Therapeutics (Nasdaq: SAGE) is trading up over 50% in New York today, after the firm announced positive Phase III results for its novel central nervous system (CNS) therapy SAGE-217.
The top-line data comes from the ROBIN study, which is evaluating the effects of the therapy on people with postpartum depression (PPD) who have depressive symptoms.
After two weeks of out-patient treatment, people treated with SAGE-217 had a statistically-significant improvement of 17.8 points according to a commonly-used score, compared to 13.6 points for those treated with placebo.
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