Sage Therapeutics should price experimental depression pill on 'value' despite political pressure, CEO says
should be able to price its experimental depression pill at the "value it'll provide" for patients despite industry-wide political scrutiny over the cost of drugs, CEO Jeff Jonas told CNBC on Wednesday.
it is advancing its experimental oral drug, known as SAGE-217, for treatment-resistant depression. The drug could be lucrative for Sage, as roughly 20% of people with depression don't respond to available treatments." how the company expects to price the drug amid intense drug price rhetoric from Washington, Jonas said, "Every company pays attention to macro factors."
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