Feb. 6 at 11:16 PM
$CORT Okay, to make the naysayers happy, let's forget about Relacorilant for Cushing.
- Cushing syndrome is much more prevalent than reported, diagnosed cases (more than 2x prevalence from P4 clinical trials), which can support the rapid growth of both Korlym and Recorlev.
- Teva patent case is going to be ruled in Corcept's favor by the federal court any day now.
- Korlym's growing sales of
$650M in 2024 &
$800M-
$850M in 2025 (Est.), which should support a SP of
$50 alone.
- Relacorilant+nab-paclitaxel for PROC: P1/P2/P3 trial tested effective and tolerable; PDUFA=7/11/2026 and nobody on earth is expecting a CRL => Support adding another
$50 to SP in 2027.
- Dazucorilant for ALS: Will rerun P2 then P3 trials; Looks very promising in ALS survival rate from the last P2 trial => Support adding another
$100 to SP in 2028.
- Miricorilant for NASH/MASH: 2029 and beyond.
Again, the above analysis excludes Relacorilant for Cushing, but I believe it will find a way to eventually get a nod from FDA.