Categories: Insider Trading News

Corcept Therapeutics director Daniel Swisher sells $111,188 in inventory


Corcept Therapeutics (NASDAQ:CORT), primarily based in Redwood (NYSE:RWT) Metropolis, California, is thought for its work in pharmaceutical preparations, and Swisher’s transactions are a part of routine monetary actions noticed within the firm’s management. The corporate maintains robust monetary well being with a “GREAT” ranking in response to InvestingPro metrics, and traders can mark their calendars for the following earnings report on February 12, 2025. The corporate maintains robust monetary well being with a “GREAT” ranking in response to InvestingPro metrics, and traders can mark their calendars for the following earnings report on February 12, 2025.

Corcept Therapeutics, primarily based in Redwood Metropolis, California, is thought for its work in pharmaceutical preparations, and Swisher’s transactions are a part of routine monetary actions noticed within the firm’s management. The corporate maintains robust monetary well being with a “GREAT” ranking in response to InvestingPro metrics, and traders can mark their calendars for the following earnings report on February 12, 2025.

Corcept Therapeutics, primarily based in Redwood Metropolis, California, is thought for its work in pharmaceutical preparations, and Swisher’s transactions are a part of routine monetary actions noticed within the firm’s management.

In different latest information, Corcept Therapeutics Integrated has made important strides in its scientific and monetary efficiency. The corporate reported a sturdy enhance in third-quarter income to $182.5 million, a 48% year-over-year rise, and a internet earnings of $47.2 million. Consequently, Corcept raised its full-year income steerage for 2024 to between $675 million and $700 million.

On the scientific entrance, Corcept’s Section 4 CATALYST examine achieved its main endpoint, displaying that Korlym considerably improved blood sugar ranges in sufferers with hypercortisolism and hard-to-control sort 2 diabetes. Nevertheless, the Section 2 DAZALS examine of dazucorilant didn’t meet its main endpoint for sufferers with ALS, however survival information has led to the continuation of an open-label extension examine.

Moreover, Corcept has filed a New Drug Software for relacorilant, a promising therapy for Cushing’s syndrome, following constructive outcomes from the GRACE trial and supporting outcomes from Section 3 GRADIENT. These latest developments spotlight Corcept Therapeutics’ dedication to addressing extreme well being circumstances and its robust monetary well being.

This text was generated with the assist of AI and reviewed by an editor. For extra info see our T&C.

admin

Share
Published by
admin

Recent Posts

This week in Trumponomics: Financial malpractice

If a surgeon operates needlessly on a affected person, it’s medical malpractice. If a policymaker,…

37 minutes ago

US oil service companies set for hit from Trump tariffs, tumbling oil costs

By Georgina McCartney HOUSTON (Reuters) - U.S. oilfield service companies are bracing for successful as…

2 hours ago

Monetary markets have been at all times going to answer Trump tariffs however they’re additionally battling with one other drawback

World monetary markets gave a transparent vote of no-confidence in President Trump's financial coverage.The injury…

2 hours ago

Stablecoins deliver advantages to the cost system

By Michael S. Derby (Reuters) - Federal Reserve Governor Christopher Waller mentioned on Friday that…

2 hours ago

US oil rig rely rises to highest since June, Baker Hughes says

By Scott DiSavino (Reuters) - U.S. power corporations this week minimize the variety of oil…

2 hours ago

Tariffs Danger Pushing Inflation Larger, Development Decrease, Fed Chair Powell Says

Brendan Smialowski / AFP by way of Getty Photographs Federal Reserve Chair Jerome Powell stated…

3 hours ago