Letter from Corcept - 10th January | CORT Message Board Posts

Corcept Therapeutics Inc

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Msg  2320 of 2576  at  1/11/2019 10:55:46 AM  by

i760


 In response to msg 2319 by  joeytakasugi
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Re: Letter from Corcept - 10th January

 Joey wrote: "surprised there not bump in SP."

 

This is part of the back and forth....I would not get too excited.  I do agree with Joey's thought that CORT has an upper hand after the last couple of patents granted and with fast track on the one under examination about dosing with food.  Certainly CORT much better place then when this first started (Teva in stealth mode filed with FDA, got tentative approval, and then filed motion to dismiss the litigation and tried to get on market in 2019),
 
Now CORT with the additional patents and after defeating the Teva motion to dismiss can either let the process continue with discovery, adding new patents to litigation, etc for next couple of years or settle with a certain outcome.  Unlike most small bios CORT has plenty of cash on hand and has successor drug and new indications with  trials ongoing -- thus IMHO has little incentive to settle.  Thus bottom line -- I think we get into discovery and litigation continues for next several months at least.....
 
 




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Replies
Msg # Subject Author Recs Date Posted
2321 Re: Letter from Corcept - 10th January joeytakasugi 0 1/11/2019 11:08:11 AM
2324 Re: Letter from Corcept - 10th January BSR_Alan 1 1/11/2019 1:09:38 PM
2327 Re: Letter from Corcept - 10th January Leverage01 2 1/13/2019 9:37:03 AM


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