
Shares of drugmaker Corcept Therapeutics CORT.O rise 19.5% to $43.39 premarket
Co says its experimental cancer drug, relacorilant, met the main goal in a late-stage trial in patients with platinum-resistant ovarian cancer
Says the drug with chemotherapy showed a 35% reduction in the risk of death
CORT previously announced results from another late-stage trial in which the combination treatment helped delay progression of a type of ovarian cancer
Relacorilant's marketing application is currently under review by the U.S. FDA with a target action date of July 11
CORT fell 30.9% in 2025