Sage Therapeutics falls after Biogen terminates tremor drug partnership
** Shares of drug developer Sage Therapeutics SAGE.O fall 1% to $6.95 premarket
** Company says partner Biogen BIIB.O has terminated a licensing deal for Sage's experimental drug to treat essential tremor, effective February 2025
** Sage had discontinued development of the drug, SAGE-324, after it failed in a mid-stage study in July
** Sage and Biogen will continue to partner on Zurzuvae, the first and only FDA-approved oral treatment for women with postpartum depression - SAGE
** Sage says it plans to continue to evaluate other potential indications, if any, for SAGE-324
** Up to last close, stock down ~68% YTD
Reporting by Mariam Sunny in Bengaluru
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