Supernus Pharmaceuticals has successfully completed its previously announced acquisition of Sage Therapeutics, Inc.
“Sage is an ideal fit in our corporate development strategy, adding a significant fourth growth product to our portfolio and further diversifying our sources of future revenue,” said Jack Khattar, President and CEO of Supernus Pharmaceuticals. “With our proven track record of strong commercial execution along with the expected cost synergies, the acquisition is expected to be accretive in 2026.”
Rationale
- Strengthens psychiatry portfolio with ZURZUVAE® (zuranolone) capsules CIV, the first and only FDA-approved oral medicine indicated for the treatment of postpartum depression in adults.
- Diversifies and increases revenue base and cash flow:
- Addition of collaboration revenue from net sales of ZURZUVAE (50% of total net revenue Biogen, Inc. records for ZURZUVAE in the U.S. pursuant to a collaboration agreement), and
- Combined with its three other growth products (Qelbree®, ONAPGO™, and GOCOVRI®), Supernus believes it is poised for significant future growth.
- Augments Supernus central nervous system discovery platforms and expertise.
- Strong fit with existing Supernus infrastructure is expected to result in cost synergies of up to $200 million on an annual basis.
- The acquisition is expected to be accretive in 2026.
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