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

Reuters

2025/01/27

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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