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Corcept Therapeutics Inc. - CORT STOCK NEWS

Welcome to our dedicated page for Corcept Therapeutics news (Ticker: CORT), a resource for investors and traders seeking the latest updates and insights on Corcept Therapeutics stock.

Corcept Therapeutics Inc. (symbol: CORT) is a pioneering pharmaceutical company focused on the discovery and development of medications that modulate the effects of cortisol to treat severe metabolic, oncologic, and neuropsychiatric disorders. Since its inception, Corcept has dedicated itself to understanding and mitigating the adverse effects of excess cortisol, which plays a role in a variety of diseases.

The company has made significant strides in this field by developing over 300 proprietary molecules. These compounds competitively block the glucocorticoid receptor (GR) without affecting the progesterone receptor. Scientific studies suggest that GR antagonism may help treat conditions such as post-traumatic stress disorder, mild cognitive impairment, Alzheimer's disease, and alcoholism.

Corcept's flagship product, mifepristone, is already making an impact in the market. Additionally, the company continues to advance the most promising compounds from its extensive pipeline into clinical trials to assess their potential in mitigating the effects of excess cortisol and treating serious, sometimes life-threatening conditions.

Corcept's recent achievements include a series of successful clinical trials and partnerships that have bolstered its position in the pharmaceutical industry. Financially, the company is on stable ground, allowing it to invest further in research and development to expand its portfolio of effective treatments.

As a commercial-stage company, Corcept Therapeutics is committed to bringing innovative treatments to market, guided by a deep understanding of cortisol’s role in various diseases. Investors and healthcare professionals alike are keenly watching Corcept for its continued contributions to medical science and patient care.

For the latest updates on Corcept Therapeutics, including performance, events, and developments, please visit their official website or contact their investor relations team.

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Corcept Therapeutics Incorporated (NASDAQ: CORT) has appointed Roberto Vieira as President, Oncology. Vieira brings extensive experience in global commercialization of cancer medicines and building high-performing teams. He aims to lead Corcept's oncology division, initially focusing on ovarian cancer and expanding to other tumors, with a commitment to revolutionize cancer treatment through cortisol modulation.
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Corcept Therapeutics Incorporated (CORT) reported preliminary, unaudited, financial results for the quarter- and year-ended December 31, 2023, provided 2024 revenue guidance, and announced a stock repurchase program. Fourth quarter revenue increased by 31% to $135.4 million, and full year 2023 revenue increased by 20% to $482.4 million. The company also announced a 2024 revenue guidance of $600 – $630 million and a $200 million stock repurchase program.
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Corcept Therapeutics Incorporated (CORT) announces disappointing court decision regarding patent infringement by Teva Pharmaceuticals, plans to appeal vigorously
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Corcept Therapeutics Incorporated (NASDAQ: CORT) reported a 22% increase in revenue for the third quarter of 2023, reaching $123.6 million. The company also raised its 2023 revenue guidance to $470 - $480 million. Net income per common share was $0.28 (diluted), compared to $0.30 in the same period last year. Corcept's cash and investments stood at $414.8 million as of September 30, 2023.
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Corcept Therapeutics Incorporated has appointed Monica Tellado as President, Emerging Markets. She will be responsible for global commercial lead in therapeutics in metabolism and neurology. Corcept also announced the initiation of a Phase 2b trial of its selective cortisol modulator miricorilant and expects results from its Phase 2 DAZALS study next year.
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Corcept Therapeutics has announced the initiation of MONARCH, a Phase 2b trial of miricorilant in patients with non-alcoholic steatohepatitis (NASH). The trial will evaluate the efficacy and safety of miricorilant in adult patients with biopsy-confirmed NASH, with the primary endpoint being reduction in liver fat.
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Corcept Therapeutics to report Q3 financial results and provide corporate update on November 1, 2023.
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Corcept Therapeutics reports Q2 2023 revenue of $117.7 million, a 14% increase from Q2 2022. Raises 2023 revenue guidance to $455-$470 million. Net income per share of $0.25 (diluted). Cash and investments of $363.3 million as of June 30, 2023. Purchase of 6.6 million shares of Corcept common stock for $145.4 million. Enrollment completed in Phase 3 GRACE trial of relacorilant for Cushing's syndrome. Positive feedback on CATALYST trial. Enrollment continues in ROSELLA trial for ovarian cancer. Enrollment continues in DAZALS trial for ALS. Enrollment continues in Phase 1b trial of miricorilant for NASH. Conference call on August 2, 2023, at 5:00 p.m. Eastern Time.
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Corcept Therapeutics announces positive results from Phase 1b study of miricorilant in NASH patients
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FAQ

What is the current stock price of Corcept Therapeutics (CORT)?

The current stock price of Corcept Therapeutics (CORT) is $51.4 as of December 20, 2024.

What is the market cap of Corcept Therapeutics (CORT)?

The market cap of Corcept Therapeutics (CORT) is approximately 5.2B.

What does Corcept Therapeutics Inc. do?

Corcept Therapeutics Inc. develops medications that modulate cortisol to treat severe metabolic, oncologic, and neuropsychiatric disorders.

What is the primary focus of Corcept Therapeutics' research?

The primary focus is on mitigating the effects of excess cortisol, which can cause various metabolic, oncologic, and psychiatric diseases.

What are some of the conditions Corcept's products aim to treat?

Conditions include post-traumatic stress disorder, mild cognitive impairment, Alzheimer's disease, and alcoholism.

What is mifepristone?

Mifepristone is Corcept Therapeutics' flagship product used to block the effects of excess cortisol.

How many proprietary molecules has Corcept developed?

Corcept has developed over 300 proprietary molecules that competitively block the glucocorticoid receptor.

Does Corcept Therapeutics have any ongoing clinical trials?

Yes, Corcept continues to advance promising compounds into clinical trials to evaluate their efficacy in treating cortisol-related conditions.

Are there any recent achievements by Corcept Therapeutics?

Recent achievements include successful clinical trials and strategic partnerships that enhance their market position.

What is the financial condition of Corcept Therapeutics?

Corcept is financially stable, which supports its ongoing research and development efforts.

How can I get the latest updates on Corcept Therapeutics?

Visit Corcept's official website or contact their investor relations team for the latest updates.

What role does cortisol play in diseases?

Abnormal levels and release of cortisol are linked to various metabolic, oncologic, and psychiatric diseases.

Corcept Therapeutics Inc.

Nasdaq:CORT

CORT Rankings

CORT Stock Data

5.24B
92.70M
11.52%
85.5%
17.51%
Biotechnology
Pharmaceutical Preparations
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United States of America
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