Supernus to acquire depression drugmaker Sage

(1min)
wooden blocks with "M and A" letters on financial documents, symbolizing mergers and acquisitions

Supernus Pharmaceuticals (NASDAQ:SUPN) has agreed to acquire depression drugmaker Sage Therapeutics (NASDAQ:SAGE) for a total consideration of up to $795M, or $12 per share, in an all-cash deal, the companies announced on Monday.

Shares of Supernus (NASDAQ:SUPN) traded flat

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