Corcept Therapeutics Inc
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Health Care : Pharmaceuticals | Small Cap Growth
Company profile

Corcept Therapeutics Incorporated is a pharmaceutical company engaged in the discovery, development and commercialization of drugs for the treatment of severe metabolic, psychiatric and oncologic disorders. The Company is developing mifepristone, a compound that modulates the effects of cortisol by acting as a competitive antagonist at the glucocorticoid receptor (GR). As of December 31, 2016, it had discovered three structurally distinct series of selective cortisol modulators, all of which share mifepristone's affinity for GR but, unlike mifepristone, do not bind to the progesterone receptor. It is conducting two clinical trials of its selective cortisol modulator, CORT125134. One trial is investigating CORT125134 as a treatment for patients with Cushing syndrome. The second trial is investigating the combination of CORT125134 and nab-paclitaxel (Celgene Corporation's Abraxane) to treat patients with solid-tumor cancers.

Closing Price
$17.70
Day's Change
-0.30 (-1.67%)
Bid
--
Ask
--
B/A Size
--
Day's High
18.33
Day's Low
17.46
Volume
(Average)
Volume:
580,115

10-day average volume:
576,703
580,115

U.S. Postal Service to raise prices on commercial packages, starting Oct. 18

1:56 pm ET August 14, 2020 (MarketWatch)
Print

The U.S. Postal Service (USPS) said Friday that it is planning a temporary price increase on all commercial domestic competitive packages, starting Oct. 18. The price increase, which was approved by the Governors of the Postal Service last week, is in response to increased expenses and "heightened demand" for e-commerce package volume amid the COVID-19 pandemic, as well as expected holiday e-commerce. The price increase will go into effect at 1 a.m. Eastern on Oct. 18 and remain until 1 a.m on Dec. 27. The increases will apply to parcels shipped via Priority Mail Express, Priority Mail, First-Class Package Service, Parcel Select and Parcel Return Service. Among the planned increases, rates for Parcel Select Ground, which currently starts at $6.92, will increase by 40 cents; Priority Mail Express Commercial, which currently starts at $22.75, will increase by $1.50; and Parcel Select Lightweight, which currently starts at $1.81, will increase by 24 cents. The news comes after United Parcel Service Inc. (UPS) said last week that it planned to impose new surcharges on large shippers (http://www.marketwatch.com/story/ups-plans-big-holiday-fees-amid-coronavirus-related-shipment-surge-2020-08-07) during the holiday season, to make up for the added costs to prepare for a surge in online orders.

-Tomi Kilgore; 415-439-6400; AskNewswires@dowjones.com

(END) Dow Jones Newswires

August 14, 2020 13:56 ET (17:56 GMT)

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