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SAGE — Sage Therapeutics News Story

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HealthcareAdventurousMid CapMomentum Trap

Sage rejects Biogen's takeover offer, to explore strategic alternatives

Jan 27 (Reuters) - Sage Therapeutics  SAGE.O  said on
Monday that its board has unanimously rejected the takeover
offer it received from Biogen  BIIB.O  and added that its board
of directors has initiated a process to explore strategic
alternatives. 

 (Reporting by Sneha  S K; Editing by Tasim Zahid)
 ((Sneha.SK@thomsonreuters.com;))

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