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NABI BIOPHARMACEUTICALS : CORT / Achat Spéculatif

21 déc. 2010 16:00

Sacha Pouget : un pari Spéculatif sur la Biotech CORCEPT THERAPEUTICS (CORT)

LIEN
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http://www.objectifeco.com/bourse-2/conseils-analyses/article/sacha-pouget- achat-speculatif-sur-la-biotech-corcept-therapeutics-cort

(2) votes | note : 0.85
(article du 21 décembre 2010)

J’ai choisi de vous présenter ma dernière opportunité d'investissement dans le Secteur Santé-Pharma-Biotech pour cette fin d’année 2010. Après Cytokinetics (CYTK), Zalicus (ZLCS) et Lexicon (LXRX), on continue avec la société Corcept Therapeutics (CORT).

PRESENTATION


Corcept Therapeutics est une société pharmaceutique fondée en 1998 et est basée à Menlo Park, en Californie. Elle est engagée dans la découverte et le développement de médicaments pour le traitement de graves troubles métaboliques et psychiatriques. La société se concentre sur le développement de médicaments pour les troubles qui sont associés à des niveaux irréguliers de l'hormone stéroïde appelée cortisol. Son principal produit inclut le CORLUX, un récepteur glucocorticoïde II (GR-II) antagoniste, qui est en phase III pour le traitement de la dépression psychotique et du syndrome de Cushing (il s'agit d'une indication orpheline, ce qui signifie que la maladie touche moins de 200 000 personnes aux Etats-Unis).

La société est également en développement dans la prochaine génération d’ antagonistes sélectifs des récepteurs GR-II pour le traitement de divers troubles psychiatriques et métaboliques. En outre, Corcept Therapeutics développe le CORT 108297, un composé d’antagonistes GR-II sélectif pour la prévention de la prise de poids induite par les médicaments antipsychotiques, qui est en Phase I d'essai clinique. Corcept a une licence de brevet de l'Université Stanford pour l'utilisation de ses antagonistes GR-II, et elle dispose d’accords avec ICON Clinical Research et MedAvante.


OPPORTUNITE D’INVESTISSEMENT


A COURT TERME : DES DONNEES IMPORTANTES SONT ATTENDUES POUR LE CORCEPT (MALADIE DE CUSHING)


Corcept Therapeutics (CORT) est une société que j’apprécie particulièrement. Pour une raison simple : Corcept est focalisée sur les médicaments orphelins, qui sont l’objet de toutes les attentions actuellement. Les médicaments orphelins ne touchent qu’une faible part de la population, pour des maladies rares, mais leurs prix est souvent très élevé et il y a bien souvent peu de concurrence.

Dernièrement, Genzyme (spécialisée sur ce marché) qui a attiré Sanofi-Aventis. Les investisseurs sont dans l’attente des résultats de la phase III de Corcept (le Corlux), pour le traitement du syndrome de Cushing. Un certain nombre de symptômes apparaît avec cette maladie, comme l’augmentation de la pression artérielle, un diabète, de la fatigue, et dans certains cas une dépression grave et une psychose. La plupart de ces disparaissent immédiatement sur l'administration de Corlux. Le 6 Décembre, Corcept a mis à jour le statut de l'essai sur le site ClinicalTrials.gov. Ainsi, il ne fait aucun doute que les résultats ne devraient pas trop tarder.

Pourquoi les résultats de Phase III pour le Corcept sont si importants ? En fait, les sociétés qui voient leur médicament approuvé pour des indications orphelines peuvent percevoir une prime importante. Corcept aura 7 ans d'exclusivité commerciale à partir de la date d'approbation et ils possèdent les droits de licence du CORLUX. L’ analyste Kimberly Lee, du bureau d’analystes Global Hunter Securities, estimait le 24 Novembre que le Corlux pouvait toucher une population d'environ 10 000 patients et pourrait valoir jusqu'à 100 000 $ par patient et par an. L’activité de recherche et de développement clinique de Corcept est axée sur la manière de contrarier ou bloquer le récepteur GR-II pour le cortisol, une hormone impliquée dans un large éventail de maladies psychiatriques et métaboliques.

Le potentiel de ventes induit par ce traitement ressort à 1 milliard $ par an en pic de ventes. Pour appuyer cette possibilité, il faut savoir qu’à l’heure actuelle, il n’y a pas d’option thérapeutique pour soigner la maladie de Cushing : il s’agit d’un besoin insatisfait puisqu’il n'y a tout simplement pas de traitement approuvé par la FDA pour le syndrome de Cushing, qui est un trouble hormonal causé par des niveaux élevés de cortisol. Corcept espère déposer un dossier de NDA (une demande d’approbation auprès de la FDA) pour le CORLUX dans le syndrome de Cushing au cours du premier trimestre de 2011.


A MOYEN TERME : LE CORT 108297 POUR ATTENUER LES EFFETS DES ANTIPSYCHOTIQUES

Outre le Corlux, Corcept dispose d’un autre programme, moins avancé, mais qui peut se traduire par une opportunité de marché conséquente : il s’agit du CORT 108297, qui est en Phase I.

Les antipsychotiques font partie des médicaments les plus vendus en 2009 avec des ventes mondiales totalisant plus de $ 14,6 milliards $. Ces médicaments puissants peuvent vraiment aider les patients, mais cet apport mène vers un gain de poids significatif et le risque de diabète augmente avec la prise de ces médicaments. Le CORT 108297 n’est pas un Antipsychotique, mais il sert à atténuer les symptômes et les effets secondaires des médicaments existants (Zyprexa, Seroquel, Risperdal et Abilify).

Dans une étude de 11 semaines qui étudiait la prise de poids pour les patients qui utilisaient des Antipsychotiques, les patients qui ont pris du Zyprexa ont vu leur poids augmenter de presque 10 kilos (18,7 pounds), ceux qui ont pris du Seroquel presque 7 kilos (13,4 pounds) plus de 5 kilos (11,7 pounds) avec le Risperdal, et presque 5 kilos avec l’Abilify (9,7 pounds). Et tout cela en seulement 11 semaines… Tous ces médicaments ont également vu une détérioration significative des marqueurs métaboliques tels que les taux de cholestérol et de triglycérides, ainsi que des taux de glucose et d'insuline anormaux.

Pour vous montrer tout l’intérêt que représente le CORT 108297 de Corcept, il faut savoir qu’Eli Lilly a payé 1,42 milliard $ pour régler une action civile et pénale sur son médicament Zyprexa qui faisait prendre du poids et avait une incidence sur le diabète. De multiples poursuites judiciaires ont aussi intentées contre AstraZ eneca par d'anciens utilisateurs du Seroquel.

Le CORT 108297 de Corcept serait donc un médicament qui atténuerait la prise de poids et les effets secondaires métaboliques des antipsychotiques. En cas de succès, ce composé serait très attractif pour les Big Pharma – car il leur permettrait à la fois d’économiser de l'argent sur les effets secondaires pour les patients ce qui augmenterait la taille du marché. Cela règlerait les litiges et les class action intentées contre les Big Pharmas. Mais plus important encore, cela permettrait aussi d’étendre la durée du brevet de tous ces médicaments.


LES ANALYSTES POSITIFS SUR CORCEPT


-17 Novembre 2010 : Piper Jaffray initie la couverture de Corcept Therapeutics (CORT) à SURPONDERER avec un Objectif de 7$
-29 Octobre 2010 : Leerink Swann initie la couverture de Corcept Therapeutics (CORT) à SURPERFORMANCE
-19 Août 2010 : Global Hunter Securities initie la couverture de Corcept Therapeutics (CORT) à l’ACHAT
-6 Janvier 2010b : Ladenburg Thalmann : ACHAT

CONCLUSION : RISK REWARD DE 1 :1


La société se paie très chère actuellement : 10 fois sa position Cash. Pour autant, les catalyseurs ne manquent pas. En premier lieu, avec le Corlux pour lequel on devrait connaître les derniers résultats de Phase III à Très court terme. Si les résultats sont positifs : on devrait assister à une explosion du titre. Dans le cas inverse, il faut prendre en considération que le pipeline de Corlux est peu développé, à savoir que pour ma part j’estime que la société pourrait perdre -60% en cas de mauvaise nouvelle.

Corcept est un pari risqué. Sur les 18 derniers mois son cours a été multiplié par plus de 5 (+30% en 1 mois, +50% sur les 4 derniers mois). Le titre a touché son plus haut sur les 52 dernières semaines. Pour autant, si les avancées significatives sont confirmées pour le Corlux (résultats Phase III positifs, et l’Approbation FDA en 2011) et pour le CORT 108297 : il ne fait aucun doute qu’une Big Pharma paiera cher pour mettre cette pépite à son escarcelle. Comme je l’ai évoqué, les fonds et le management détiennent la majorité du Capital. Ce qui signifie qu’un prix élevé devra être proposé. J’ai un objectif de 7$ sur le titre, ce qui nous donne un caractère très spéculatif : un potentiel de gain de +60%, et une perte potentielle de -60%.

7 réponses

  • 22 décembre 2010 15:52

    * Cushing's Syndrome drug succeeds in late-stage trial

    * Co plans to file NDA in Q1; Will seek priority review

    * Seeks partner for the drug outside the U.S.

    * Shares rise 12 pct (Adds analyst comments, conference call details, share movement)

    By Vidya L Nathan

    BANGALORE, Dec 22 (Reuters) - Corcept Therapeutics Inc (CORT.O) said a late-stage trial of an experimental hormone disorder drug met its main study goal of showing statistically significant improvement in glucose tolerance and blood pressure, sending its shares up 12 percent.

    The company is planning to submit a marketing approval application for its product Corlux to U.S. regulators late in the first quarter of 2011 and would request for a priority review of the application.

    "This is very good data and could bring in partnership opportunities for the company," Global Hunter Securities analyst Kimberly Lee said.

    Corcept plans to market Corlux in the United States independently and seek partnership to put it in markets abroad, the company said in a call with analysts.

    Corlux was granted an orphan drug designation by the U.S. Food and Drug Administration (FDA), which would give the firm a seven-year marketing exclusivity in the U.S, upon approval.

    In the United States, Corcept can bill up to $300 million in peak sales of Corlux, estimates Global Hunter's Lee.

    The hormone disorder, called Cushing's syndrome, is caused by unusually high levels of cortisol -- a steroid hormone produced by the adrenal gland -- in blood.

    Initial analyses show the drug was well tolerated by the trial population, the company said.

    Corcept shares, up 29 percent since the company completed enrollment in the study in late June, rose as much as 12 percent to $4.68 before trading at $4.35 on Wednesday on Nasdaq. (Reporting by Vidya L Nathan in Bangalore; Editing by Joyjeet Das)


  • 11 janvier 2011 15:26

    http://www.gekkowire.com/?p=6510

    Corcept Therapeutics (CORT):

    Corcept today announced positive results on the key secondary endpoint of “global clinical improvement” in its Phase 3 study of CORLUX for the treatment of Cushing’s Syndrome. The company previously announced that the study achieved its primary endpoints of improvement in glucose tolerance and blood pressure. The patients in the Phase 3 study, whether included in the “glucose intolerant group” or the “hypertension group” for the purpose of evaluating the primary endpoints, were evaluated as a single group on the key secondary endpoint of “global clinical improvement.” Global clinical improvement was determined by a Data Review Board (DRB), an independent three-member group of highly experienced academic physicians, expert in the evaluation and treatment of patients with Cushing’s Syndrome. The key secondary endpoint was determined to have been met if the lower bound of the 95% confidence level of the response rate was greater than 30%. In fact, the response rate was 87%, giving a lower bound of 75.87% or p<0.0001. Ninety percent of the patients who completed the Phase 3 study opted to enter the long-term extension study.


  • 11 janvier 2011 16:47

    sur CORT ce matin! et j’évoquais dans le newsflow justement les données secondaires en attente pour le Corlux... mais je croyais pas que ça arriverait si vite en fait. bah c'est tombé, mais le cours ne dècolle pas ...

    voici ce que je mettais (extrait):

    pour le Newsflow : deux catalyseurs devraient intervenir très prochainement. -CORT prévoit de déposer une New Drug Application (NDA) dans le courant du premier trimestre 2011 et demandera un revue prioritaire pour passer devant la FDA dans les 6 mois. Malgré les résultats positifs et les perspectives, le cours a poursuivi une tendance à la baisse, peut-être en partie du aux interrogations sur la sécurité et les données sur le critère d’évaluation secondaire. Les données sur le critère secondaire (amélioration clinique globale) devrait être disponible au premier trimestre de 2011. Pour les maladies orphelines commeCushing, critères d’évaluation secondaires sont très importants et si Corlux démontre encore son efficacité, cela réduira le risque de refus de la FDA ce qui pourra rendre leur programme beaucoup plus attrayant…

    partie commentaire de ce
    post:

    http://objectifeco.com/bourse-2/conseils-analyses/article/sacha-pouget- la-biotech-zalicus-continue-de-monter-aux-rideaux-son-cours-prend-100-depuis-le# forum1089


  • 05 juin 2011 10:28

    http://www.corcept.com/news_events/pr_1307237503

    June 04, 2011 12:45 ET

    Corcept Therapeutics Announces Detailed Findings From Phase 3 Study Which Show CORLUX Significantly Improves Clinical and Metabolic Manifestations of Cushing's Syndrome

    CORLUX Was Well Tolerated and Enabled Almost 50% of Patients Taking Anti-Diabetic, Insulin and Hypertensive Medications at Enrollment to Reduce the Dosage by Study's End

    Company to Host Conference Call on Sunday, June 5, 2011 at 8 a.m. Eastern Daylight Time

    MENLO PARK, CA--(Marketwire - Jun 4, 2011) - Corcept Therapeutics Incorporated (NASDAQ: CORT), a pharmaceutical company engaged in the discovery, development and commercialization of drugs for the treatment of severe metabolic and psychiatric disorders, today announced detailed data from the Phase 3 SEISMIC study of CORLUX (mifepristone) in Cushing's Syndrome. The data demonstrated that refractory Cushing's Syndrome patients receiving CORLUX experienced significant clinical and metabolic improvements over baseline measurements. CORLUX is a glucocorticoid receptor type II (GR-II) antagonist that has been granted Orphan Drug Designation for the treatment of endogenous Cushing's Syndrome by the U.S. Food and Drug Administration (FDA). The Phase 3 study data were presented as part of a session titled "Will Medical Management Replace Surgery for Cushing's Syndrome?" today at the Endocrine Society's 93rd Annual Meeting held June 4 - 7, 2011 in Boston.

    "In the SEISMIC study, CORLUX was shown to significantly improve blood glucose levels, blood pressure and to decrease body weight and waist circumference -- all key manifestations of Cushing's Syndrome," said Maria Fleseriu, M.D., F.A.C.E., Director Northwest Pituitary Center, Oregon Health & Science University, Department of Medicine, Endocrinology & Neurological Surgery. She is a principal investigator in the study and presenter at the Endocrine Society's 93rd Annual Meeting. "Cushing's Syndrome is a severe debilitating disease if not properly treated. A very high percentage of patients receiving CORLUX experienced improvement in their individual clinical manifestations of this rare hormonal disorder, including quality of life. Glucocorticoid receptor antagonism with CORLUX offers a new approach for the treatment of Cushing's Syndrome that failed other therapies with a manageable side effect profile in our study."

    Presentation Highlights

    Fifty Cushing's Syndrome patients were enrolled in the study. Forty-three had Cushing's disease (pituitary tumor), of which 42 had prior surgery, four patients had ectopic ACTH-producing tumors and three had adrenal cancer. All patients were included in the analysis for safety. Forty-six of the patients completed at least 30 days of treatment and were included in the modified intent to treat group (mITT) for the efficacy analysis. Thirty-four patients completed the study.

    Statistically significant improvement in the primary endpoint was achieved for the glucose intolerant group and the hypertensive group. Whether included in the glucose intolerant group or the hypertension group for the purpose of evaluating the primary endpoints, patients were evaluated as a single group on the key secondary endpoint of "global clinical improvement" as determined by an independent Data Review Board's (DRB) evaluation of eight clinical areas (glucose, blood pressure, lipids, weight and body composition, appearance, strength, bone, psychiatric and quality of life measures). A statistically significant improvement was achieved in the key secondary endpoint with a response rate of 87% (p < 0.000001).

    There were 29 patients enrolled in the glucose intolerant group, of which 60% (p < 0.0001) were responders, defined as a 25% or greater reduction in blood sugar level on a standard oral glucose tolerance test from baseline to 24 weeks. There was a continued improvement in glucose tolerance measured at each of the evaluations at week 6, 10, and 16, as well as at week 24. Of the 12 patients taking insulin at baseline, seven cut their daily dose by at least 50%. There was also a statistically significant reduction in mean HbA1c over the course of the study, from 7.43% at baseline to 6.29% at study conclusion (p < 0.001).

    There were 21 patients enrolled in the hypertension group, of which 38% (p < 0.05) achieved a 5 millimeter or greater reduction in diastolic blood pressure without increasing the patient's prescribed hypertensive medication. There were a total of 40 patients in the study with a diagnosis of hypertension (including those in the glucose intolerant group). Among that group, 17 patients (42.5%) had a greater than or equal to 5mm decrease in diastolic blood pressure, and 21 patients (52.5%) had either a greater than or equal to 5mm decrease in diastolic blood pressure or a reduction in medications at week 24.

    The study examined patients' weight gain/loss during the 24-week study, with over half of study participants experiencing weight loss of at least 5%, compared to baseline (p < 0.001). Patients demonstrated a mean reduction in waist circumference compared to baseline; 6.8 cm in females and 8.4 cm for males (p < 0.0001 for both groups).

    "We believe these additional analyses further demonstrate the potential benefit of CORLUX for patients diagnosed with Cushing's Syndrome," said Joseph Belanoff, M.D., chief executive officer of Corcept. "Our management team and staff are committed to advancing CORLUX as a potential treatment for patients with this serious unmet medical need. In April, we submitted a new drug application for CORLUX in Cushing's Syndrome and requested Priority Review status from the FDA."

    Safety Findings

    CORLUX was well tolerated in the Phase 3 study and consistent with the safety profile of CORLUX's active ingredient, mifepristone. As expected, both salivary and urinary free cortisol levels were elevated with CORLUX treatment. Fatigue and nausea were the most commonly reported adverse events attributed to CORLUX in the Phase 3 study. Sixteen patients had serious adverse events, of which six were considered to be probably related to CORLUX treatment. Of the 16 patients who withdrew from the study, seven discontinued due to adverse events and seven withdrew consent or discontinued for other reasons, in addition to two who died from underlying metastatic disease. No deaths were attributed to treatment with CORLUX.


    Common Adverse Events Attributed to CORLUX

    Adverse Event % of Patients Adverse Event % of Patients
    Fatigue 36% Myalgia 14%
    Nausea 30% Vomiting 12%
    Decreased Pottasium 30% Hypertension 10%
    Headache 22% Abnormal Thyroid Function 10%
    Endometrial Thickening 20% Back Pain 8%
    Decreased Appetite 18% Pain 8%
    Arthralgia 16% Dyspnea 4%
    Peripheral Edema 14% Pain in Extremity 4%
    Dizziness 14% Diarrhea 2%
    Dry Mouth 14%



    Notable adverse events which were related to treatment included low potassium levels (hypokalemia), adrenal insufficiency, and endometrial thickening, all of which were consistent with earlier published reports and all of which were resolved with clinical management. Incidents of hypokalemia were common, though generally mild to moderate (three severe), and all responded to potassium supplementation or spironolactone. Adrenal insufficiency was uncommon (two patients incurring adverse events) and resolved with brief treatment with dexamethasone or reduction in CORLUX dose allowing the patients to be able to remain in the study. Five additional patients had adverse events potentially consistent with adrenal insufficiency. There was an increase in endometrial thickness in half of the women in the study, with five cases of vaginal bleeding. Three women underwent dilation and curettage (D&C) for unresolved endometrial thickening.

    Study Design

    The Phase 3 trial was a 50-patient open-label study in endogenous Cushing's Syndrome patients conducted at 17 clinical sites in the United States. Patients met the trial enrollment criteria if they were not eligible for, had failed or had relapsed after surgery and, in addition, were either glucose intolerant or diagnosed with hypertension at entry. Patients in the Phase 3 study were placed in one of two groups: those with glucose intolerance with or without a diagnosis of hypertension, and those who were diagnosed with hypertension but were not glucose intolerant. In the trial, each patient's CORLUX dose was titrated by their study investigator to the level necessary to achieve clinical benefit. Patients received CORLUX for up to 24 weeks, with dose escalation, from 300 mg a day up to 1200 mg a day, titrated at the investigator's discretion. Patients were evaluated for efficacy and safety at weeks 6, 10, 16 and 24. The 24-week treatment period was followed by a 6-week follow-up period.

    Extension Study

    Approximately 90% of the patients who completed the Phase 3 SEISMIC study chose to continue as part of the Company's ongoing extension study. Patients in the extension study are still receiving CORLUX, some for over two years. The study collects supportive efficacy data and long term safety data that is submitted to the FDA. There are no specific endpoints in the study.

    Corcept Therapeutics Conference Call

    Corcept will hold a conference call tomorrow morning, Sunday, June 5, 2011 at 8:00 a.m. Eastern Daylight Time (5:00 a.m. Pacific Daylight Time) to discuss this announcement. To participate in the live call please dial 1 800-264-7882 from the United States or +1 847-413-3708 internationally. The pass code is 29928210. Please dial in approximately 10 minutes prior to the start of the call.

    A replay of the conference call will be available through June 18, 2011 at 1-888-843-7419 from the United States and +1-630-652-3042 internationally. The pass code is 29928210.

    About Cushing's Syndrome

    Endogenous Cushing's Syndrome results from prolonged exposure of the body's tissues to high levels of the hormone cortisol generated by tumors. Cushing's Syndrome is an orphan indication which most commonly affects adults aged 20 to 50. An estimated 20,000 people in the United States have Cushing's Syndrome, with more than 3,000 newly diagnosed patients each year. Symptoms vary, but most patients have one or more of the following: diabetes mellitus, high blood pressure, weight gain, a rounded face, increased fat around the neck, severe fatigue, weak muscles, osteoporosis, skin changes, infections, poor quality of life irritability, anxiety and depression.

    About CORLUX

    Corcept's first-generation compound, CORLUX, also known as mifepristone, directly blocks the cortisol (GR-II) receptor and the progesterone (PR) receptor. Intellectual property protection is in place to protect important methods of use for CORLUX. Corcept retains worldwide rights to its intellectual property related to CORLUX.

    About Corcept Therapeutics Incorporated

    Corcept is a pharmaceutical company engaged in the discovery, development and commercialization of drugs for the treatment of severe metabolic and psychiatric disorders. The company has completed its Phase 3 study of CORLUX for the treatment of Cushing's Syndrome, and has an ongoing Phase 3 study of CORLUX for the treatment of the psychotic features of psychotic depression. Corcept also has a Phase 2 program for CORT 108297 and an IND-enabling program for CORT 113083. Both of these novel compounds are selective GR-II antagonists -- compounds which block the effects of cortisol but not progesterone. Corcept has developed an extensive intellectual property portfolio that covers the use of GR-II antagonists in the treatment of a wide variety of psychiatric and metabolic disorders, including the prevention of weight gain caused by the use of antipsychotic medication, as well as composition of matter patents for our selective GR-II antagonists.


  • 06 juin 2011 16:13


  • 06 juin 2011 19:23

    Merci Sasane et Sacha d'avoir remonté cette file. Je découvre CORT et ça me semble vraiment intéressant.

    J'ai noté une AK de 45M$ en janvier et une AK glissante (from time to time) de 100M$ à partir de mai. Ils ne devraient donc pas manquer de cash avant longtemps.


  • 30 juin 2011 19:48

    Ca ne porte pas l'action qui perd 7%... le PDUFA est prevu le 17 fevrier 2012, on a tout le temps d'entrer dessus.

    FDA Accepts Submission of New Drug Application for CORLUX for Cushing's Syndrome
    30 June 2011
    Marketwire

    Corcept Therapeutics Incorporated (NASDAQ: CORT), a pharmaceutical company engaged in the discovery, development and commercialization of drugs for the treatment of severe metabolic and psychiatric disorders, today announced that the U.S. Food and Drug Administration (FDA) has accepted for filing the New Drug Application (NDA), which was submitted on April 15, 2011, for CORLUX, a glucocorticoid receptor type II (GR-II) antagonist, for the treatment of the manifestations of Cushing's Syndrome.

    The FDA has indicated that this application will receive a standard review and that the Prescription Drug User Fee Act (PDUFA) goal date for completion of its review is February 17, 2012.

    We are executing our commercial plans related to CORLUX for the treatment of Cushing's Syndrome based on the projected timeline for the FDA review of our NDA. This includes conducting market research and engaging third-party vendors to support distribution and other logistical needs for product launch, if CORLUX is approved by the FDA.

    "Many patients with Cushing's Syndrome suffer debilitating manifestations of their disease, despite receiving the best available treatment," said Joseph K. Belanoff, M.D., Chief Executive Officer at Corcept. "In our Phase 3 study, CORLUX demonstrated its potential to significantly improve the clinical condition of these patients in a wide variety of important ways. We believe that CORLUX has the potential to provide a meaningful advance over the current standard of care for patients with Cushing's Syndrome and are gratified to receive the formal notice of the FDA's acceptance of the NDA for filing."


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