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AstraZeneca gained 2.2%.IGM Biosciences  shares jumped 15% after the firm said it has agreed to be acquired by Concentra Biosciences.Sage Therapeutics  is cutting 338 jobs, or the majority of its workforce, after the biotech company agreed to be acquired by Supernus Pharmaceuticals , according to government filings in Massachusetts and media reports. 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The job cuts, effective Aug. 22, were disclosed in a Worker Adjustment and Retraining Notification notice filed on June 26.On June 16, Supernus agreed to buy Sage for up to $795 million in cash. The deal includes an upfront payment of $8.50 a share, or $561 million, and a non-tradable contingent value right worth up to $3.50 a share, or $234 million, tied to future milestones.The deal is expected to close in Q3.Sage and Supernus didn't immediately respond to requests for comment by MT Newswires.Sage shares fell 0.4% in recent trading Tuesday, and Supernus rose 1.3%.Price: 9.08, Change: -0.04, Percent Change: -0.44","market":"sh","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.mtnewswires.com/","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"-1","news_top_title":null,"news_tag":"executive","news_rank":0,"length":0,"strategy_id":0,"source":"mtnewswires_news","symbols":["BK4139","SUPN","BK4007","SAGE"],"gpt_icon":0},{"id":"2548000294","title":"Sage Therapeutics cutting over 330 jobs, Boston Globe reports","url":"https://stock-news.laohu8.com/highlight/detail?id=2548000294","media":"TIPRANKS","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2548000294?lang=en_us&edition=fundamental","pubTime":"2025-07-01 21:30","pubTimestamp":1751376614,"startTime":"0","endTime":"0","summary":"Sage Therapeutics (SAGE) is laying off most of its employees after announcing its planned acquisition earlier this month, The Boston Globe’s Marin ...","market":"fut","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":{"source":"tipranks_highlight","url":"https://www.tipranks.com/news/the-fly/sage-therapeutics-cutting-over-330-jobs-boston-globe-reports-thefly?utm_source=itigerup.com&utm_medium=referral","rn_cache_url":null,"directOrigin":true},"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.tipranks.com/news/the-fly/sage-therapeutics-cutting-over-330-jobs-boston-globe-reports-thefly?utm_source=itigerup.com&utm_medium=referral","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"-1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"tipranks_highlight","symbols":["BK4139","SAGE"],"gpt_icon":0},{"id":"2545419783","title":"Phathom Pharmaceuticals Appoints Anne Marie Cook as Chief Legal Officer and Corporate Secretary","url":"https://stock-news.laohu8.com/highlight/detail?id=2545419783","media":"Reuters","labels":["executive"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2545419783?lang=en_us&edition=fundamental","pubTime":"2025-06-23 20:00","pubTimestamp":1750680011,"startTime":"0","endTime":"0","summary":"Phathom Pharmaceuticals Inc., a company specializing in treatments for gastrointestinal diseases, has announced the appointment of Anne Marie Cook as Chief Legal Officer and Corporate Secretary. Cook, previously Senior Vice President and General Counsel at Sage Therapeutics, brings extensive experience in pharmaceutical legal affairs to her new role at Phathom.Disclaimer: This news brief was created by Public Technologies  using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Phathom Pharmaceuticals Inc. published the original content used to generate this news brief via GlobeNewswire  on June 23, 2025, and is solely responsible for the information contained 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