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Corcept Therapeutics Experimental Lead Drug Cuts Death Risk By 35% In Advanced Ovarian Cancer Patients, Stock Jumps
Benzinga· 2026-01-22 16:12
Core Insights - Corcept Therapeutics' stock is experiencing an increase, with a trading volume of 3.06 million shares on Thursday [1] - The ROSELLA Phase 3 trial for relacorilant combined with nab-paclitaxel in treating platinum-resistant ovarian cancer has met its primary endpoint for overall survival [1] Efficacy Data - Patients receiving relacorilant plus nab-paclitaxel showed a 35% reduction in the risk of death compared to those on nab-paclitaxel alone, with a hazard ratio of 0.65 and a p-value of 0.0004 [2] - The median overall survival for patients on the combination therapy was 16.0 months, compared to 11.9 months for those on nab-paclitaxel alone, indicating a 4.1-month improvement [2] - The combination therapy was well-tolerated, maintaining a safety profile consistent with previous data [2][3] Safety Profile - The type, frequency, and severity of adverse events in the combination therapy group were similar to those in the nab-paclitaxel monotherapy group, indicating that relacorilant did not increase the safety burden [3] - Corcept has also reported that the ROSELLA trial met its primary endpoint for improved progression-free survival [3][4] Regulatory Background - In December 2025, the FDA issued a Complete Response Letter regarding the New Drug Application for relacorilant for hypertension secondary to hypercortisolism, indicating the need for additional evidence of effectiveness [5][6] - Despite the FDA acknowledging the success of the pivotal GRACE trial, it concluded that a favorable benefit-risk assessment could not be made without further evidence from Corcept [6] Market Reaction - Following the positive trial results, Corcept Therapeutics shares rose by 19.14%, reaching a price of $43.26 [6]
Corcept's cancer drug meets main goal in late-stage trial
Reuters· 2026-01-22 13:13
Group 1 - Corcept Therapeutics announced that its experimental cancer drug successfully met the primary endpoint in a late-stage clinical trial [1]
CORT INVESTIGATION ALERT: Investigation Launched into Corcept Therapeutics (CORT), Hagens Berman Encourages Investors to Contact Firm
Prnewswire· 2026-01-21 23:36
Core Viewpoint - Corcept Therapeutics experienced a significant decline in share price, dropping 50% after receiving a complete response letter from the FDA regarding its treatment relacorilant for hypercortisolism, leading to a loss of over $3.6 billion in market capitalization [1][3]. Company Overview - Corcept Therapeutics has previously promoted relacorilant's efficacy and commercial potential, claiming that clinical trial patients showed meaningful improvements in hypercortisolism symptoms [3]. - The company expressed confidence in achieving annual revenues of $3 billion to $5 billion from its hypercortisolism business within three to five years [3]. FDA Response - The FDA's complete response letter indicated that additional evidence of effectiveness was required for relacorilant, contradicting Corcept's previous assurances about the drug's progress toward approval [3]. - A report noted that the likelihood of loss of blood pressure control was 83% lower in the relacorilant group compared to placebo, which may have influenced the FDA's decision [3]. Legal Investigation - Hagens Berman, a national shareholder rights law firm, has initiated an investigation into whether Corcept misled investors regarding relacorilant's efficacy and commercial prospects [2][4]. - The firm is encouraging investors who suffered losses to come forward and discuss their rights [2][4].
INVESTOR ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Corcept Therapeutics Incorporated - CORT
Globenewswire· 2026-01-20 18:27
Core Viewpoint - Pomerantz LLP is investigating potential securities fraud or unlawful business practices by Corcept Therapeutics and its officers or directors following a significant stock price drop after the FDA's Complete Response Letter regarding relacorilant [1][3]. Group 1: Company Overview - Corcept Therapeutics Incorporated is a biopharmaceutical company focused on developing treatments for patients with conditions related to cortisol [3]. - The company’s stock price experienced a dramatic decline of $35.40 per share, or 50.42%, closing at $34.80 per share on December 31, 2025, after the FDA issued a Complete Response Letter for its New Drug Application for relacorilant [3]. Group 2: Regulatory Developments - On December 31, 2025, the FDA issued a Complete Response Letter regarding Corcept's New Drug Application for relacorilant, indicating that while the pivotal GRACE trial met its primary endpoint, additional evidence of effectiveness was required for a favorable benefit-risk assessment [3].
Levi & Korsinsky Investigates Possible Securities Fraud by Corcept Therapeutics Incorporated (CORT)
TMX Newsfile· 2026-01-19 05:27
Core Insights - Corcept Therapeutics Incorporated is under investigation for potential violations of federal securities laws following a Complete Response Letter (CRL) from the FDA regarding its new drug application for relacorilant [1][2] - The FDA's decision was based on the need for additional evidence of effectiveness despite acknowledging previous trial results [2] - Following the announcement, Corcept's stock price experienced a significant drop of $31.42, or 44.76%, reaching a new 52-week low of $38.78 per share [2][3] Company Developments - The FDA's CRL was issued on December 31, 2025, denying approval for relacorilant as a treatment for hypertension secondary to hypercortisolism [1] - The stock price decline marks a significant downturn, with levels not seen since September 2024 [3] Legal Context - Levi & Korsinsky LLP has initiated an investigation into Corcept, indicating potential legal ramifications for the company and its investors [1][4] - The firm has a strong track record in securities litigation, having secured substantial recoveries for shareholders in the past [4]
Is Corcept Therapeutics Incorporated (CORT) The Most Promising Growth Stock According to Analysts?
Yahoo Finance· 2026-01-15 13:15
Corcept Therapeutics Incorporated (NASDAQ:CORT) is among the most promising growth stocks according to analysts. According to an Investing.com report, William Guyer, Chief Development Officer at Corcept Therapeutics Incorporated (NASDAQ:CORT), sold 20,000 shares of common stock valued at $703,656 on January 6. Earlier on January 2, Swayampakula Ramakanth, an analyst at H.C. Wainwright, trimmed the price target on Corcept Therapeutics Incorporated (NASDAQ:CORT) to $90 from $145, while maintaining a ‘Buy’ ...
One Rare Disease Biotech Posts 97% Margins but the Faster Growing Rival Just Turned Its First Profit
247Wallst· 2026-01-15 11:47
Core Insights - Corcept Therapeutics and Amicus Therapeutics reported Q3 2025 results, showcasing contrasting profitability levels within the rare disease biotech sector [1] Company Summaries Corcept Therapeutics - Corcept Therapeutics is positioned as a profitable entity within the rare disease biotech space, indicating strong financial performance [1] Amicus Therapeutics - Amicus Therapeutics, in contrast, is highlighted as being at the opposite end of the profitability spectrum, suggesting challenges in achieving financial stability [1]
Corcept Therapeutics Incorporated Investigated on Behalf of Investors - Contact the DJS Law Group to Discuss Your Rights – CORT
Businesswire· 2026-01-15 02:52
LOS ANGELES--(BUSINESS WIRE)--Corcept Therapeutics Incorporated Investigated on Behalf of Investors - Contact the DJS Law Group to Discuss Your Rights – CORT. ...
INVESTOR ALERT: Investigation of Corcept Therapeutics Incorporated (CORT) by Holzer & Holzer, LLC
Globenewswire· 2026-01-14 20:39
Core Insights - Holzer & Holzer, LLC is investigating whether Corcept Therapeutics Incorporated complied with federal securities laws following the issuance of a Complete Response Letter from the U.S. Food and Drug Administration regarding its New Drug Application for relacorilant [1] - The announcement led to a decline in Corcept's stock price, indicating potential investor concerns about the company's regulatory challenges [1] Company Overview - Corcept Therapeutics is focused on developing treatments for patients with conditions related to hypercortisolism, specifically hypertension [1] - The company is publicly traded on NASDAQ under the ticker symbol CORT [1] Legal Context - Holzer & Holzer, LLC is a law firm that specializes in representing shareholders and investors in securities litigation, including class action and derivative litigation [3] - The firm has a history of recovering significant amounts for shareholders affected by corporate misconduct [3]
Investigation Alert: Levi & Korsinsky Investigates Securities Fraud Claims Against Corcept Therapeutics Incorporated (CORT)
TMX Newsfile· 2026-01-14 14:38
New York, New York--(Newsfile Corp. - January 14, 2026) - Levi & Korsinsky notifies investors that it has commenced an investigation into Corcept Therapeutics Incorporated ("Corcept Therapeutics Incorporated") (NASDAQ: CORT) concerning potential violations of the federal securities laws.What Happened?On December 31, 2025, Corcept announced it received a CRL from the FDA, denying approval of Corcept's new drug application for relacorilant as a treatment for patients with hypertension secondary to hypercorti ...