Corcept Therapeutics

Corcept Therapeutics

Develops cortisol modulators for medical conditions

About Corcept Therapeutics

Simplify's Rating
Why Corcept Therapeutics is rated
B-
Rated C on Competitive Edge
Rated B on Growth Potential
Rated B on Rating Differentiation

Industries

Biotechnology

Healthcare

Company Size

201-500

Company Stage

IPO

Total Funding

$39.7M

Headquarters

Menlo Park, California

Founded

1998

Overview

Corcept Therapeutics focuses on developing treatments that regulate cortisol levels in the body, which is important for managing stress, metabolism, and immune functions. Their main product, Korlym, is an FDA-approved medication for Cushing's syndrome, a condition caused by excessive cortisol. Corcept stands out from competitors by having discovered over 1,000 selective cortisol modulators and by heavily investing in research and development to create new treatments. The company's goal is to expand its product offerings while also providing educational resources to improve patient care and understanding of cortisol-related disorders.

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Simplify's Take

What believers are saying

  • Increased interest in cortisol therapies for mental health boosts Corcept's R&D prospects.
  • Advancements in drug delivery systems could enhance Corcept's product efficacy.
  • The FDA's fast-track designation supports Corcept's innovative cortisol-related treatments.

What critics are saying

  • Teva's antitrust lawsuit could lead to legal expenses and market share loss.
  • Heavy reliance on Korlym makes Corcept vulnerable to market fluctuations.
  • Recent investments may pressure Corcept for short-term financial performance, impacting R&D.

What makes Corcept Therapeutics unique

  • Corcept specializes in cortisol modulation, a niche with few direct competitors.
  • Korlym is the first FDA-approved treatment for Cushing's syndrome, a significant market advantage.
  • Corcept's extensive R&D has led to the discovery of over 1,000 selective cortisol modulators.

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Funding

Total Funding

$39.7M

Above

Industry Average

Funded Over

3 Rounds

Post IPO Equity funding comparison data is currently unavailable. We're working to provide this information soon!
Post IPO Equity Funding Comparison
Coming Soon

Benefits

Remote Work Options

Flexible Work Hours

Growth & Insights and Company News

Headcount

6 month growth

3%

1 year growth

2%

2 year growth

-3%
Investing.com
Dec 30th, 2024
Corcept files NDA for new Cushing's syndrome drug

Corcept introduced Korlym(R), the first FDA-approved treatment for Cushing's syndrome, in February 2012.

MarketBeat
Oct 8th, 2024
Algert Global LLC Invests $412,000 in Corcept Therapeutics Incorporated (NASDAQ:CORT)

Algert Global LLC invests $412,000 in Corcept Therapeutics Incorporated (NASDAQ:CORT).

Defense World
Sep 29th, 2024
Evergreen Capital Management LLC Invests $217,000 in Corcept Therapeutics Incorporated (NASDAQ:CORT)

Evergreen Capital Management LLC invests $217,000 in Corcept Therapeutics Incorporated (NASDAQ:CORT).

Defense World
Aug 16th, 2024
Cetera Advisors LLC Makes New Investment in Corcept Therapeutics Incorporated (NASDAQ:CORT)

Cetera Advisors LLC makes new investment in Corcept Therapeutics Incorporated (NASDAQ:CORT).

Investing.com
Jun 29th, 2024
Teva study questions treatment breaks for migraine prevention

Teva has also initiated an antitrust lawsuit against Corcept Therapeutics (NASDAQ:CORT), alleging a monopoly over the Korlym market, a treatment for Cushing's syndrome.

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