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Collaboration Agreements (Tables)
6 Months Ended
Jun. 30, 2023
Collaboration Agreement [Abstract]  
Summary of Operating Expenses Category Related to Collaboration Agreement

The following table summarizes expenses related to the Biogen Collaboration Agreement that were incurred by the Company and the related reimbursement from Biogen or to Biogen, reflected by category of operating expenses:

 

 

 

Three Months Ended June 30,

 

 

Six Months Ended June 30,

 

 

 

2023

 

 

2022

 

 

2023

 

 

2022

 

 

 

(in thousands)

 

Expenses related to the Biogen Collaboration Agreement
   incurred by Sage

 

$

71,524

 

 

$

59,218

 

 

$

127,660

 

 

$

107,972

 

Net reimbursement to (from) Biogen reflected in the
   condensed consolidated statements of operations and
   comprehensive loss:

 

 

 

 

 

 

 

 

 

 

 

 

Research and development expenses

 

 

(22,418

)

 

 

(20,983

)

 

 

(39,700

)

 

 

(39,497

)

Selling, general and administrative expenses

 

 

7,476

 

 

 

(2,835

)

 

 

10,510

 

 

 

(4,309

)

 

 

 

(14,942

)

 

 

(23,818

)

 

 

(29,190

)

 

 

(43,806

)

Total net expenses related to the Biogen Collaboration
   Agreement in the condensed consolidated statements of
   operations and comprehensive loss

 

$

56,582

 

 

$

35,400

 

 

$

98,470

 

 

$

64,166