Corcept Therapeutics, based in Menlo Park, California, is a commercial-stage pharmaceutical company that markets Korlym for Cushing's syndrome and has a portfolio of selective cortisol modulators. Founded in 2004, it employs 352 people and offers around 1,000 compounds.
CORT has been in the news recently: Corcept Therapeutics is facing multiple class action lawsuits from various law firms for allegedly misleading investors and ignoring FDA warnings between October 31, 2024, and December 30, 2025. The company's stock experienced a significant decline, dropping 50% from $70.20 to $34.80, prompting legal actions for potential compensation to affected shareholders.
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