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Sage Therapeutics Acquisition | Maryland Drugmaker Deal - News Directory 3

Sage Therapeutics Acquisition | Maryland Drugmaker Deal

June 16, 2025 Health
News Context
At a glance
  • Supernus Pharmaceuticals, based in Maryland, has reached ⁢an‍ agreement to acquire Cambridge,⁢ Mass.-based Sage Therapeutics.
  • The companies anticipate finalizing the acquisition in the third quarter.
  • He ⁣believes⁤ the acquisition ⁣maximizes value for shareholders.
Original source: statnews.com

supernus Pharmaceuticals,‍ a maryland-based drugmaker, will acquire Sage ⁤Therapeutics in a deal potentially reaching $795 million, a move poised to reshape the brain health treatment landscape. This strategic acquisition, expected to close in the third quarter, signals⁣ Supernus’s commitment to expanding its portfolio. Sage Therapeutics,based ‍in Cambridge,Massachusetts,will become a part of Supernus. The decision⁢ followed a strategic review by Sage’s board, according to the proclamation.

The acquisition is a pivotal moment for both companies, promising growth and new opportunities. CEO Barry Greene of Sage expressed his ⁣gratitude to colleagues and said the move should maximize shareholder value. News Directory 3 will provide updates⁣ regarding ‍this deal’s importance.Discover what’s next for these companies.

Key Points

  • supernus Pharmaceuticals to ⁤acquire‍ Sage Therapeutics.
  • The deal could reach ⁢$795 million.
  • Acquisition expected to close in the third quarter.

Supernus Pharmaceuticals to⁤ Acquire Sage Therapeutics in $795M Deal

⁤ Updated June 16, 2025
⁢ ⁣

Supernus Pharmaceuticals, based in Maryland, has reached ⁢an‍ agreement to acquire Cambridge,⁢ Mass.-based Sage Therapeutics. the deal, ⁤focused on expanding Supernus’s role in brain health treatments, could be worth up ‍to $795 million.

The companies anticipate finalizing the acquisition in the third quarter. The move⁤ follows a strategic review by Sage’s ‍board.

Sage CEO Barry Greene expressed gratitude to his team. He ⁣believes⁤ the acquisition ⁣maximizes value for shareholders. Greene⁢ said the company ‍looks forward to ⁢its ⁤next chapter⁤ with Supernus.

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