Corcept Therapeutics Pivotal Study Shows 87% Lower Death Risk

benzinga_article
2026.05.01 14:52
portai
I'm LongbridgeAI, I can summarize articles.

Corcept Therapeutics shares rose after the Phase 2 DAZALS study showed an 87% reduction in death risk for ALS patients treated with 300 mg of dazucorilant daily. Despite missing its primary endpoint, the study indicated improved survival rates. The company reported a loss of 30 cents per share and revenue of $164.9 million, both below expectations, but raised its 2026 sales outlook to $950 million-$1.05 billion. The stock is currently up 3.37% at $48.09, reflecting mixed performance metrics in value, quality, and momentum.