$CORT 3-bagger correcting Nasdaq GM $3.75 Call
Post# of 63688
Nasdaq GM $3.75
Called 12/13/14
website
Shares Outstanding: 108.78M
Float: 76.05M
% Held by Insiders: 34.34%
% Held by Institutions: 37.70%
Shares Short (as of Jan 15, 20163: 5.25M
Short Ratio (as of Jan 15, 2016): 14.90
Short % of Float (as of Jan 15, 2016): 9.51%
Shares Short (prior month): 4.52M
Headlines
Corcept Therapeutics Incorporated, a pharmaceutical company, engages in the discovery, development, and commercialization of drugs for the treatment of metabolic, oncologic, and psychiatric disorders in the United States. The company focuses on disorders that are associated with a steroid hormone called cortisol. It offers Korlym (mifepristone) tablets as a once-daily oral medication for the treatment of hyperglycemia secondary to hypercortisolism in adult patients with endogenous Cushings syndrome, who have type 2 diabetes mellitus or glucose intolerance, and have failed surgery or are not candidates for surgery. The company is also developing Korlyms active ingredient, which is in a Phase 1/2 trial in combination with the chemotherapy drug eribulin (Halaven) to treat patients with GR-positive triple-negative breast cancer, a form of cancer with a particularly poor prognosis; and CORT 125134, a proprietary, selective GR antagonist that is in a Phase 1 clinical study to assess its safety, tolerability, and pharmacokinetics in healthy human volunteers. In addition, it discovers and develops three series of novel selective GR-II antagonists. The company has research and development agreements with Argenta Discovery Limited and Sygnature Discovery Limited. Corcept Therapeutics Incorporated was founded in 1998 and is headquartered in Menlo Park, California.