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Sage Therapeutics' CFO to leave, drugmaker to lay off over 165 employees
Sage Therapeutics said on Thursday its finance chief will leave the company and the drugmaker plans to lay off more than 165 employees as part of a reorganization plan that aims to focus on the launch of its postpartum depression pill.
Sage Therapeutics to lay off one-third of workforce
After a year of disappointing drug trial results, Sage Therapeutics Inc. is slashing its headcount and shaking up its leadership team.
After Series Of Trial Setbacks, Sage Therapeutics To Lay Off One-Third Workforce
Sage Therapeutics announces reorganization, including layoffs and pipeline changes, to support the launch of Zurzuvae. Focus shifts to Huntington's Disease trial after setbacks in essential tremor and Alzheimer's treatments.
Sage Therapeutics to lay off more than 165 employees
Sage Therapeutics said on Thursday it will lay off more than 165 employees, or about 33% of the company's total workforce, as part of a reorganization plan. The drugmaker plans to prioritize the launch of postpartum depression treatment Zurzuvae,
Sage Therapeutics to lay off one-third staff under reorganization
Sage Therapeutics (NASDAQ:SAGE) announced a reorganization, including a workforce reduction of about 33%, to support the ongoing launch of ZURZUVAE for postpartum depression and to focus on pipeline development ahead of a clinical readout for dalzanemdor in Huntington’s Disease expected later this year.
20h
on MSN
Sage Therapeutics Stock Is Dropping. A Workforce Reduction Is Hitting R&D Hard.
The biopharmaceutical company says the reorganization is meant to strengthen its balance sheet and position it for long-term ...
pharmaphorum
3h
Sage cuts a third of its workforce after R&D setbacks
Sage said in an SEC filing that it expects a non-recurring charge tied to the workforce reduction of $26 million to $28 ...
FierceBiotech
22h
Sage lays off half of R&D team, shakes up C-suite again
Sage Therapeutics’ latest attempt to shrink its pipeline and workforce will see a third of the biotech’s employees heading ...
22h
Sage Cuts One-Third of Workforce After Clinical Trial Setbacks
Sage Therapeutics Inc. is laying off more than 165 employees as the biotech company tries to conserve cash after multiple ...
5h
SAGE Therapeutics’ Strategic Reorganization and Cautious Hold Rating Amid Development Setbacks
Needham analyst Ami Fadia has reiterated their neutral stance on SAGE stock, giving a Hold rating on October 10. Ami Fadia’s rating is ...
22h
Sage Therapeutics Cutting Workforce by 33%
Sage on Thursday said the moves will affect more than 165 employees, representing about 33% of the Cambridge, Mass., company's total workforce and roughly 55% of its research-and-development staff.
2d
The Sage Group Has A Good Product, But The Stock Is Too Expensive
The Sage Group develops and sells accounting and finance software for small and mid-sized businesses. Click here to read an ...
2d
Sage’s new Oracle Jet coffee machine might be the smartest way to get your cold brew fix
Sage has launched its new Oracle Jet bean to cup coffee machine, and it’s the brand’s smartest model yet. It has a new ...
National Mortgage News
2d
Sage Home Loans settles with data breach victims
Sage Home Loans has agreed to pay consumers impacted by a data breach last December.
1d
on MSN
Sage Steele calls out Obama for 'scolding' Black men for lack of enthusiasm for Kamala Harris: 'Back off!'
"The Sage Steele Show" host Sage Steele joined "America's Newsroom" to call out former President Obama's statements to Black ...
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