Corcept Therapeutics shares are trading lower following a report suggesting Teva has sued the company, accusing it of a monopoly on Korlym.
Portfolio Pulse from Benzinga Newsdesk
Corcept Therapeutics shares are trading lower following a report suggesting Teva has sued the company, accusing it of a monopoly on Korlym.
June 14, 2024 | 4:32 pm
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NEGATIVE IMPACT
Corcept Therapeutics shares are trading lower due to a lawsuit filed by Teva, accusing the company of monopolizing Korlym.
The lawsuit from Teva could lead to legal challenges and potential financial penalties for Corcept Therapeutics, negatively impacting investor sentiment and causing the stock price to drop.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100