Supernus Pharmaceuticals to Acquire Sage Therapeutics, Strengthening Its Neuropsychiatry Product Portfolio
Summary by Globe Newswire
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Supernus to Acquire Sage Therapeutics in $795M Deal
In a bold bid to dominate the neuropsychiatric treatment space, Supernus Pharmaceuticals Inc. announced Monday that it will acquire Sage Therapeutics Inc. in a transaction valued at up to $795 million, striking a deal that could reshape the pharmaceutical landscape in central nervous system (CNS) care. Backed by Saul Ewing LLP, Supernus will pay $8.50 per share in cash—a total of $561 million—to purchase Sage, based in Cambridge, Massachusetts. …
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