Corcept Therapeutics

Corcept Therapeutics

Develops cortisol modulators for medical conditions

About

Corcept Therapeutics develops cortisol modulators to help regulate cortisol levels in the body, focusing on serious medical conditions like Cushing's syndrome. Their main product, Korlym (mifepristone), is the first FDA-approved treatment for hypercortisolism in Cushing's syndrome patients. The company distinguishes itself by investing heavily in research and development, having discovered over 1,000 selective cortisol modulators. Corcept aims to improve treatment options for patients with cortisol-related disorders while also supporting medical education and patient care.

Company Stage

IPO

Employees

201-500

Industries

Biotechnology, Healthcare

Total Funding

$42.6M

Headquarters

Menlo Park, California

Founded

1998


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Simplify's Take

What believers are saying

  • Increased interest in cortisol modulation for mental health expands Corcept's market potential.
  • Advancements in biomarker discovery enhance the effectiveness of Corcept's treatments.
  • The rise of personalized medicine offers opportunities for targeted therapies by Corcept.

What critics are saying

  • Teva's antitrust lawsuit could lead to significant legal expenses for Corcept.
  • Roberto Vieira's appointment may divert resources from Corcept's core focus on cortisol.
  • Recent stock offering may dilute shareholder value, indicating potential financial challenges.

What makes Corcept Therapeutics unique

  • Corcept specializes in cortisol modulation, a niche with few direct competitors.
  • Their flagship product, Korlym, is the first FDA-approved treatment for Cushing's syndrome.
  • Corcept has discovered over 1,000 selective cortisol modulators, showcasing strong R&D capabilities.

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Growth & Insights
Headcount

6 month growth

23%

1 year growth

31%

2 year growth

49%

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