The article discusses the patent defeat of Korlym, a drug produced by CORT, which has led to a significant 14% drop in the company’s stock value. This defeat opens the door for generic competition, posing a threat to CORT’s market position. The content itself seems to be a placeholder or incomplete, focusing more on Trefis platform details than the actual financial implications of the patent defeat.
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CORT (-14%): Korlym Patent Defeat Unlocks Generic Threat
The article discusses the patent defeat of Korlym, a drug produced by CORT, which has led to a significant 14% drop in the company’s stock value. This defeat opens the door for generic competition, posing a threat to CORT’s market position. The content itself seems to be a placeholder or incomplete, focusing more on Trefis platform details than the actual financial implications of the patent defeat.