Corcept Therapeutics

Corcept Therapeutics

Develops cortisol modulators for medical conditions

About

Corcept Therapeutics focuses on developing treatments that regulate cortisol levels in the body, which is important for managing various health conditions. Their main product, Korlym, is used to treat Cushing's syndrome, a condition caused by excessive cortisol. Korlym was approved by the FDA in 2012 and is the first treatment specifically for this disorder. Corcept stands out from competitors by having a strong emphasis on research and development, having discovered over 1,000 cortisol modulators. The company aims to expand its range of treatments while also providing educational resources to healthcare professionals and patients to improve understanding and care for cortisol-related conditions.

Company Stage

IPO

Employees

201-500

Industries

Biotechnology, Healthcare

Total Funding

$39.7M

Headquarters

Menlo Park, California

Founded

1998


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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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Growth & Insights
Headcount

6 month growth

3%

1 year growth

2%

2 year growth

-3%

Benefits

Remote Work Options

Flexible Work Hours

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