MARKET COMPOSITE
CORT - Corcept Therapeutics Inc8:00:00 PM 5/3/2024
Price
$24.52
-0.54 (-2.15%)
Corcept Therapeutics Inc. is a pharmaceutical company engaged in the discovery, development and commercialization of drugs for the treatment of severe metabolic, psychiatric and oncologic disorders. Corcept has focused on the adverse effects of excess cortisol, studying new compounds that may mitigate those effects. Its executive team is headed by CEO, president and director Joseph K. Belanoff, MD, and by chief medical officer Robert S. Fishman, MD. Backed by Silicon Valley biotech investors, Corcept Therapeutics was founded in May 1998 by psychiatrists Alan Schatzberg and Joseph K. Belanoff. Eight years later, Corcept remained a small firm with 11 full-time employees. Much of its work was farmed out to others.
Financials
Quarterly financials
(USD)Mar 2024Q/Q
Revenue146.8MM+8%
Gross Profit144.3MM-
Cost Of Revenue2.5MM+35%
Operating Income29.5MM-7%
Operating Expenses114.8MM-
Net Income27.8MM-11%
R&D58.5MM+7%
G&A56.3MM+19%
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