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Stock impact report

Corcept Therapeutics: Despite FDA Blind Side, Relacorilant Remains A Viable Drug [Seeking Alpha]

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: Seeking Alpha
Despite positive Phase 3 data, the FDA unexpectedly rejected CORT's NDA for Relacorilant, citing insufficient benefit-risk evidence. Korlym's ongoing revenues provide a valuation floor and financial support for further Relacorilant trials. CORT's strong balance sheet enables pursuit of additional clinical evidence to address the FDA's concerns and potentially secure Relacorilant approval. Wirestock/iStock via Getty Images Corcept Therapeutics Overview Corcept Therapeutics is a commercial-stage biotech company that is focused on finding treatments for the modulation of cortisol, a hormone related to Cushing's Syndrome. Since 2012, the Company has marketed Korlym as a treatment for This article was written by Analyst's Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving Show less Read more
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