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.

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