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Stock Market & Financial Investment News

News Breaks
January 3, 2013
19:05 EDTCORTCorcept Therapeutics upgraded to Overweight from Underweight at Piper Jaffray
Piper Jaffray upgraded Corcept Therapeutics two notches to Overweight from Underweight with a $4 price target after assuming coverage of the stock. Piper believes the company's increased sales efforts may result in prescription traction for its drug Korlym, which is indicated to treat Cushing’s disease.
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May 13, 2015
19:35 EDTCORTCorcept announces results of Phase 1/2 mifepristone/eribulin study
Corcept Therapeutics, a pharmaceutical company engaged in the discovery, development and commercialization of drugs that treat severe metabolic, oncologic and psychiatric disorders by modulating the effects of cortisol, announced results of a multi-center Phase 1/2 dose-escalation study of mifepristone and chemotherapy drug eribulin, or Halaven, that show it is well tolerated and clinically active in patients with triple-negative breast cancer. These results were published in the 2015 American Society of Clinical Oncology, ASCO, Annual Meeting Program. Corcept CEO Joseph Belanoff said. "If our Phase 1/2 demonstrates efficacy, we plan to begin a Phase 3 study in early 2016. We are also developing compounds from our portfolio of next-generation selective GR antagonists. We hope to advance our lead compound, CORT125134, to a Phase 2 study for the treatment of a second oncology indication early next year."

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