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Shares of Sage Therapeutics, which specializes in neurodegenerative diseases, fall after disappointing Parkinson's data

On Wednesday, Sage Therapeutics (NASDAQ Resonance: SAGE) announced preliminary results from the PRECEDENT Phase 2 study of dalzanemdor (SAGE-718) for the treatment of patients with mild cognitive impairment in Parkinson's Disease.The PRECEDENT study did not reach its primary endpoint of a significant difference in coded scores on the Wechsler Adult Intelligence Scale Fourth Edition-IV (WAIS-IV) (WAIS-IV) compared to baseline on the patients who were treated with dalzanemdor once daily on Day 42, as compared to patients who were treated with placebo. There was a statistically significant difference from baseline between patients treated with dalzanemdor and those treated with placebo on the coded test scores of the Wechsler Adult Intelligence Scale, Fourth Edition-IV (WAIS-IV), a measure that is
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