Company Directory - Corcept Therapeutics Incorporated
Company Details - Corcept Therapeutics Incorporated

Corcept Therapeutics Incorporated
WebsiteMenlo Park, United States
Corcept Therapeutics is a biopharmaceutical company dedicated to discovering and developing innovative drugs aimed at treating metabolic and psychiatric disorders. The company focuses on mechanisms associated with cortisol and has made significant advancements in therapies for conditions such as Cushing's syndrome, depression, and other hormone-related diseases.
CCI Score
CCI Score: Corcept Therapeutics Incorporated
-49.80
0.03%
Latest Event
Investigation into Alleged Deceptive Patent Practices and Investor Misleading
Levi & Korsinsky has opened an investigation into Corcept Therapeutics following reports that the company manipulated its patent process over its flagship product Korlym, potentially misleading investors and stifling Teva's generic competition. This action has triggered a notable drop in the company's stock price.
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QUISLING
Corcept Therapeutics Incorporated is currently rated as a Quisling.
Latest Events
- MAR282025
Levi & Korsinsky has opened an investigation into Corcept Therapeutics following reports that the company manipulated its patent process over its flagship product Korlym, potentially misleading investors and stifling Teva's generic competition. This action has triggered a notable drop in the company's stock price.
-50
Business Practices and Ethical Responsibility
April 1
The investigation raises serious concerns about Corcept Therapeutics' ethical business practices. Allegations of manipulating the patent process to suppress competition and mislead investors suggest a prioritization of profit over transparency and fairness, which undermines trust and could be seen as contributing to broader corporate malfeasance.
- FEB202025
Pomerantz LLP has initiated an investigation into allegations of securities fraud and potential manipulation of patent processes at Corcept Therapeutics, an event that has also resulted in a significant stock price drop. The inquiry focuses on claims of unlawful practices by certain company leadership, raising concerns about corporate accountability and fair competition.
-50
Business Practices and Ethical Responsibility
April 1
The investigation centers on allegations of securities fraud and unethical manipulation of patent processes. These actions reflect a disregard for ethical business practices and corporate accountability, harming investor trust and undermining fair market competition.
Understanding the Investigation Into Corcept Therapeutics - Investors Hangout
-20
Economic and Structural Influence
April 1
The alleged manipulation of patent processes and the subsequent lawsuit have negatively affected Corcept’s market standing, exemplified by an 11% drop in stock price. This behavior disrupts fair economic competition and highlights issues in corporate governance that can undermine market integrity.
Understanding the Investigation Into Corcept Therapeutics - Investors Hangout
- FEB122025
Aetna Inc. and other major health insurers have filed a lawsuit against Corcept Therapeutics, alleging that the company engaged in unethical practices including bribing doctors, controlling drug distribution, and manipulating the patent system to stifle generic competition for its drug Korlym, ultimately increasing costs for patients.
-60
Business Practices and Ethical Responsibility
March 31
The lawsuit accuses Corcept Therapeutics of engaging in unethical business practices—such as bribing doctors and manipulating the patent process—to block generic competition. These actions undermine fair market competition and consumer access, reflecting a severe breach of ethical responsibility in business practices.
-40
Economic and Structural Influence
March 31
The lawsuit also highlights how Corcept Therapeutics allegedly manipulated regulatory and patent systems via settlement agreements and controlled distribution channels. This suggests an undue economic influence that hinders market competition and patient access to lower-cost generics.
- DEC092022
Corcept Therapeutics is under investigation by the DOJ for alleged off‐label marketing of its drug Korlym. The company is accused of lowering diagnostic criteria and aggressively promoting the drug for unapproved indications, raising serious patient safety and ethical concerns.
-80
Business Practices and Ethical Responsibility
April 1
The investigation highlights unethical business practices by Corcept, where the company allegedly manipulated diagnostic criteria and promoted off-label use to expand its market. This approach not only undermines regulatory safeguards but also endangers patient health, demonstrating a clear disregard for ethical responsibilities in business practices.
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Corporate Financials
- Revenue
- 2023
- $136.00M
- Total Assets
- 2023
- $232.00M
- Operating Income
- 2023
- $22.00M
- Total Equity
- 2023
- $84.00M
Employees: 162
Industries
- 325412
- Pharmaceutical Preparation Manufacturing
- 541715
- Research and Development in the Physical, Engineering, and Life Sciences (except Nanotechnology and Biotechnology)
- 621511
- Medical Laboratories
- 541711
- Research and Development in Biotechnology