Boxer Capital SAGE Position
Exited4-Fund ConvergenceBoxer Capital exited their position in Sage Therapeutics Inc. (SAGE) in Q4 2023, after holding the stock for 8 quarters.
The position was first reported in Q1 2022 and has been tracked across 8 quarterly 13F filings.
SAGE is a convergence signal: 4 specialist biotech funds hold this stock, suggesting high institutional conviction.
About Sage Therapeutics Inc.
Sage Therapeutics, Inc., a biopharmaceutical company, develops and commercializes medicines to treat central nervous system disorders. Its lead product candidate is ZULRESSO, an intravenous formulation of brexanolone for the treatment of postpartum depression (PPD) in adults. The company's product pipeline also includes zuranolone, a neuroactive steroid, which is in Phase III clinical trials for treating PPD, major depressive disorders, treatment resistant disorders, generalized anxiety disorders, and bipolar depression; and SAGE-324, a compound that is in Phase II clinical trial to treat essential tremors, as well as has completed Phase I clinical trial for epilepsy and Parkinson's diseases. In addition, its product pipeline comprises SAGE-718, an oxysterol-based positive allosteric modulator of the NMDA receptor, which has completed Phase I clinical trial for the treatment of depression, Huntington's disease, Alzheimer's disease, attention deficit hyperactivity disorder, schizophrenia, and neuropathic pain. Sage Therapeutics, Inc. has a strategic collaboration with Shionogi & Co., Ltd. for the development and commercialization of zuranolone in Japan, Taiwan, and South Korea; and a collaboration and license agreement with Biogen MA Inc. to jointly develop and commercialize SAGE-217 and SAGE-324 products. The company was formerly known as Sterogen Biopharma, Inc. and changed its name to Sage Therapeutics, Inc. in September 2011. Sage Therapeutics, Inc. was incorporated in 2010 and is headquartered in Cambridge, Massachusetts.
Full company profile →Boxer Capital SAGE Position History
Frequently Asked Questions
Does Boxer Capital own SAGE?
No. Boxer Capital exited their position in Sage Therapeutics Inc. (SAGE) in Q4 2023. They previously held the stock for 8 quarters.
How many hedge funds own SAGE?
4 specialist biotech hedge funds currently hold SAGE, including RTW Investments, Deep Track Capital, Baker Bros. Advisors and 1 more. When 3 or more specialist funds hold the same stock, BiotechEdge flags it as a convergence signal.
When did Boxer Capital first buy SAGE?
Boxer Capital's position in SAGE was first reported in Q1 2022. 13F filings are reported with a 45-day delay, so the actual purchase may have occurred earlier in the quarter.
Is Boxer Capital's SAGE position increasing or decreasing?
Boxer Capital completely exited their SAGE position in the most recent quarter.
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