NIH grant could be worth up to $10m to SAGE Therapeutics and its Fragile X Syndrome drug

SAGE Therapeutics, a Cambridge, MA, company developing new medicines to treat central nervous disorders, has been awarded a National Institutes of Health (NIH) grant that will support a drug candidate that could be used to treat anxiety and social deficits in patients with Fragile X Syndrome. The award could be worth up to $10 million, the company said.

“The vast majority of patients with Fragile X suffer from debilitating fear, anxiety and social dysfunction, and there are no approved drugs for this devastating condition,” Kevin Starr, interim chief executive of SAGE Therapeutics, said in a statement. “There is hope that in developing treatments for a monogenic form of autism like Fragile X, we may be able to make significant advances toward developing treatments for other forms of autism.”