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Stock impact report

Here's Why Corcept Therapeutics Surged Today [The Motley Fool]

Corcept Therapeutics Incorporated (CORT) 
Last corcept therapeutics incorporated earnings: 2/20 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: corcept.com/investors
Company Research Source: The Motley Fool
It looks like generic versions of the company's Cushing syndrome treatment will hit a roadblock. Cory Renauer ( TMFang4apples ) Dec 11, 2018 at 4:58PM What happened Shares of Corcept Therapeutics ( NASDAQ:CORT ) , a commercial-stage biopharmaceutical company, are surging following a recent patent approval that suggests a generic version of the company's lead product is a long way off. The stock finished Tuesday's session 32.3% higher. So what  Corcept Therapeutics derives all its revenue from sales of Korlym, a cortisol receptor blocker approved to treat some patients with Cushing syndrome. Although it earned its first FDA approval back in 2000, sales of the drug are still on the rise and will probably continue rising. Generic drugmakers have a brand new U.S. patent covering improved methods for treating Cushing to tussle with. Image source Show less Read more
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