Financial PositionSAGE is trading below cash, and the unchanged DCF-based price target of $9 suggests solid upside from current levels.
Market AdoptionZurzuvae prescriptions are predominantly written by OBGYNs, with most prescribers using it as a first-line treatment for postpartum depression.
Sales GrowthZurzuvae achieved total 3Q24 sales of ~$22M, representing ~49% growth and ~20% ahead of consensus expectations.