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Corcept Therapeutics
Pharmaceutical company engaged in the discovery, development and commercialization of drugs for the treatment of severe metabolic, psychiatric and oncologic disorders
About Corcept Therapeutics
Corcept Therapeutics is a biopharmaceutical company specializing in the research and development of cortisol modulators, which are molecules that regulate cortisol activity in the body. Cortisol is a hormone that plays a crucial role in various bodily functions, including stress response, metabolism, and immune system regulation. Corcept's primary focus is on developing treatments for serious medical conditions related to abnormal cortisol levels.
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The company operates in the healthcare and pharmaceutical market, serving patients with conditions such as Cushing's syndrome, a disorder caused by excessive cortisol. Corcept's flagship product, Korlym (mifepristone), received FDA approval in 2012 and is the first approved treatment for hypercortisolism in patients with Cushing's syndrome.
Corcept's business model revolves around the discovery, development, and commercialization of proprietary cortisol modulators. The company invests heavily in research and development (R&D) to create new molecules that can effectively modulate cortisol activity. To date, Corcept has discovered over 1,000 selective cortisol modulators. The company generates revenue primarily through the sale of its approved drug, Korlym, and aims to expand its product portfolio with additional treatments currently in the pipeline.
Corcept also supports medical and patient education by funding independent grants and providing educational resources to healthcare professionals and patients. This commitment to education helps improve patient care and fosters a better understanding of cortisol-related conditions.
In summary, Corcept Therapeutics is a leader in the field of cortisol modulation, dedicated to developing innovative treatments for serious medical conditions related to cortisol imbalance. The company serves patients with Cushing's syndrome and other cortisol-related disorders, operating within the healthcare and pharmaceutical market. Its business model focuses on R&D and commercialization of proprietary cortisol modulators, with revenue generated from drug sales and educational initiatives.
At a glance
- Status
- Operational
- Founded
- 1998
- Headquarters
- Menlo Park, United States
- Listing
- IPO 2004
- Employees
- 790
- Open positions
- 49
- Dealroom signal
- 91.1/100
- Industry
- Health
- Sub-industry
- BioTechnology
- Sector
- Biotech & Life Sciences, Biotechnology, Spinout, Verified Unicorns and $1B Exits, Post IPO $1B, Biotech and Pharma, Verified Thoroughbreds, DT and LS, science-based
- Business model
- Manufacturing
- Client focus
- b2b
Latest news
Press, funding announcements and product moves mentioning Corcept Therapeutics.
Funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| POST IPO EQUITY✓Other financing | Jan 2024 | $4.7M | — | Cambridge Investment Research | ↗ |
| POST IPO EQUITY✓Other financing | Apr 2012 | $525K | — | Undisclosed | — |
Financials
Revenue, earnings and other financial measures where available. Years marked “E” are estimates.
Growth signals
Latest recorded traffic for Corcept Therapeutics is 53K monthly website visits, up 103.8% over the last three months. Corcept Therapeutics's team grew 11.3% over the past year.
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Investors
From Dealroom's funding and investor records, grouped by the round each investor first entered.
Series A1 investor entered at this stage
Series B and later5 investors entered at this stage
Paperboy Ventures
Alta Partners
Longitude Capital- APAlta Capital Partners
Cambridge Investment Research
Other known investors1 additional known investor
Stanford University
Source: Dealroom Talent Intelligence.
Global footprint
team presence
Market sentiment
An AI-synthesised read of the highest-engagement posts about Corcept Therapeutics on X, ranked by likes and reposts, corporate channels excluded.
Reading the room on X — pulling top posts and synthesizing themes…
Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour
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