"Sage Therapeutics Announces FDA  Acceptance Of NDA Filing And Grant Of Priority Review For Brexanolone IV  In The Treatment Of Postpartum Depression" May 30, 2018 at 07:00 AM EDT
         Sage Therapeutics ( NASDAQ: SAGE), a clinical-stage biopharmaceutical        company developing novel medicines to treat life-altering central        nervous system (CNS) disorders, today announced that the U.S. Food and        Drug Administration (FDA) has accepted the filing of a New Drug        Application (NDA) for Sage’s lead product candidate, an intravenous        formulation of brexanolone (SAGE-547) for the treatment of postpartum        depression (PPD). The NDA was granted Priority Review status and the FDA        assigned a Prescription Drug User Fee Act (PDUFA) target date of        December 19, 2018. As expected for a new molecular entity with a new        mechanism of action, the FDA is currently planning to hold an advisory        committee meeting to discuss the brexanolone IV application.     
         If approved, brexanolone IV would be the first medication indicated for        the treatment of PPD and would be Sage Therapeutics’ first commercial        product. The FDA grants Priority Review to investigational therapies        that, if approved, may offer significant improvements in the treatment,        prevention or diagnosis of a serious condition. Brexanolone IV received        Breakthrough Therapy Designation in  September        2016, underscoring the significant unmet need in women with PPD.     
                  PPD is the most common medical complication of childbirth affecting a        subset of women typically commencing in the third trimester of pregnancy        or in the months after giving birth. In the U.S., estimates of new        mothers identified with PPD each year vary by state from eight to 20        percent, with an overall average of 11.5 percent. There are no approved        therapies for PPD, and there is a clear unmet medical need for treatment.     
         The NDA is supported by data from the  Hummingbird        Program, two Phase 3 multicenter, randomized, double-blind,        parallel-group, placebo-controlled trials in the U.S. (Study 202B and        Study 202C), designed to evaluate the safety and effectiveness of        brexanolone in women with moderate and severe PPD, aged between 18 and        45 years (inclusive) who were =6 months postpartum at screening and who        had onset of symptoms no earlier than the third trimester and no later        than the first four weeks following delivery. In both trials at all        doses, brexanolone achieved the primary endpoint, a significant mean        reduction from baseline in the Hamilton Rating Scale for Depression        (HAM-D) total score at 60 hours compared to placebo. Brexanolone was        generally well-tolerated in both studies with similar rates of adverse        events (AEs) across all treatment groups. The most common AEs in the        studies were headache, dizziness and somnolence.     
  About FDA Breakthrough Therapy Designation
         The FDA's Breakthrough Therapy Designation is intended to expedite the        development and review of a drug candidate that is planned for use,        alone or in combination with one or more other drugs, to treat a serious        or life-threatening disease or condition when preliminary clinical        evidence indicates that the drug may demonstrate substantial improvement        over existing therapies on one or more clinically significant endpoints.        The benefits of Breakthrough Therapy Designation include the same        benefits as Fast Track Designation, plus an organizational commitment        involving the FDA's senior managers with more intensive guidance from        the FDA. Breakthrough Therapy Designation does not change the standards        for approval.     
  About Postpartum Depression
         Postpartum depression (PPD) is a distinct and readily identified major        depressive disorder that is the most common medical complication of        childbirth, affecting a subset of women typically commencing in the        third trimester of pregnancy or within the months after giving birth.        PPD may have devastating consequences for a woman and for her family,        which may include significant functional impairment, depressed mood        and/or loss of interest in her newborn, and associated symptoms of        depression such as loss of appetite, difficulty sleeping, motor        challenges, lack of concentration, loss of energy and poor self-esteem.        Suicide is the leading cause of maternal death following childbirth. In        the U.S., estimates of new mothers identified with PPD each year vary by        state from 8 to 20 percent, with an overall average of 11.5 percent.        More than half of these cases may go undiagnosed without proper        screening. There are no FDA approved therapies for PPD and there is a        high unmet medical need for improved pharmacological therapy in PPD.     
  About Brexanolone (SAGE-547)
         Brexanolone (SAGE-547) is an allosteric modulator of both synaptic and        extrasynaptic GABAA receptors. Allosteric modulation of        neurotransmitter receptor activity results in varying degrees of desired        activity rather than complete activation or inhibition of the receptor.        Sage’s proprietary intravenous (IV) formulation of brexanolone is being        developed for the treatment of postpartum depression (PPD) and has been        granted Breakthrough Therapy Designation by the FDA and PRIority        MEdicines (PRIME) designation from the European Medicines Agency (EMA)        in PPD.     
  About Sage Therapeutics
         Sage Therapeutics is a clinical-stage biopharmaceutical company        committed to developing novel medicines to transform the lives of        patients with life-altering CNS disorders. Sage has a portfolio of novel        product candidates targeting critical CNS receptor systems, GABAA        and NMDA. Sage's lead program, a proprietary IV formulation of        brexanolone (SAGE-547), has completed Phase 3 clinical development for        postpartum depression and a New Drug Application is currently under        review with the U.S. Food and Drug Administration. Sage is developing        its next generation modulators, including SAGE-217 and SAGE-718, in        various CNS disorders. For more information, please visit  www.sagerx.com. 
  markets.siliconinvestor.com |