Corcept Therapeutics Inc
SWB:HTD

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Corcept Therapeutics Inc Logo
Corcept Therapeutics Inc
SWB:HTD
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Price: 51.1 EUR -3.04% Market Closed
Market Cap: 3.5B EUR
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Gross Margin
Corcept Therapeutics Inc

98.4%
Current
99%
Average
48.4%
Industry

Gross Margin is the amount of money a company retains after incurring the direct costs associated with producing the goods it sells and the services it provides. The higher the gross margin, the more capital a company retains, which it can then use to pay other costs or satisfy debt obligations.

Gross Margin
98.4%
=
Gross Profit
618.8m
/
Revenue
628.6m

Gross Margin Across Competitors

Country US
Market Cap 5.8B USD
Gross Margin
98%
Country JP
Market Cap 776 550.9T JPY
Gross Margin
-3%
Country US
Market Cap 736.8B USD
Gross Margin
81%
Country UK
Market Cap 440.4B GBP
Gross Margin
56%
Country DK
Market Cap 3.4T DKK
Gross Margin
85%
Country US
Market Cap 348.5B USD
Gross Margin
69%
Country US
Market Cap 254B USD
Gross Margin
77%
Country CH
Market Cap 203.3B CHF
Gross Margin
73%
Country UK
Market Cap 160.5B GBP
Gross Margin
82%
Country CH
Market Cap 172.2B CHF
Gross Margin
75%
Country US
Market Cap 146.7B USD
Gross Margin
71%
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Corcept Therapeutics Inc
Glance View

Market Cap
3.5B EUR
Industry
Pharmaceuticals
Economic Moat
Wide

Corcept Therapeutics Inc. is a biopharmaceutical company that has carved out a distinctive niche in the world of medicine by focusing on the development of drugs that modulate the effects of the hormone cortisol. Founded in 1998, the company is headquartered in Menlo Park, California. The real turning point for Corcept came when it developed mifepristone, branded as Korlym, approved by the FDA in 2012 for the treatment of Cushing's syndrome—a rare endocrine disorder characterized by excessive cortisol levels. Korlym works by mitigating the effects of excessive cortisol, providing relief from a range of debilitating symptoms. This first-in-class medication provided Corcept with a foothold in the industry, enabling it to build a sustainable revenue stream from a patient population with significant unmet medical needs. The business model of Corcept is primarily anchored in its innovative endocrinology portfolio, with a keen focus on expanding its therapeutic applications to other cortisol-related conditions. Beyond Korlym, the company’s pipeline includes an array of selective cortisol modulators aimed at exploring potential treatments for conditions such as antipsychotic-induced weight gain and various forms of cancer. This strategic orientation towards research and development is crucial for Corcept's growth, allowing it to leverage its expertise and proprietary technology to propel further success. Revenues are chiefly generated through the direct sale of Korlym in the United States, with ambitions to broaden its market reach as it seeks regulatory approvals for new indications and territories. This approach not only reinforces its commitment to considerable unmet needs in medicine but also positions Corcept as an influential force in the realm of cortisol modulation therapies.

HTD Intrinsic Value
103.64 EUR
Undervaluation 51%
Intrinsic Value
Price

See Also

Discover More
What is Gross Margin?

Gross Margin is the amount of money a company retains after incurring the direct costs associated with producing the goods it sells and the services it provides. The higher the gross margin, the more capital a company retains, which it can then use to pay other costs or satisfy debt obligations.

Gross Margin
98.4%
=
Gross Profit
618.8m
/
Revenue
628.6m
What is the Gross Margin of Corcept Therapeutics Inc?

Based on Corcept Therapeutics Inc's most recent financial statements, the company has Gross Margin of 98.4%.