Jan. 31 at 9:26 AM
$CORT Okay, the reality of Relacorilant CRL has completely soaked in. Most likely additional trial is needed pushing resubmission and approval from late 2027 to 2028.
Let's scale back our expectation accordingly.
Korlym should support a SP around
$50 to
$60.
Relaorilant+chemo for PROC will be approved by 7/11/26, which should add
$50 to the SP in 2027.
Relacorilant for Cushing will be approved in 2028, which should add another
$100 to the SP in 2028/29.
Dazucorilant for ALS will be approved in 2028, which should add another
$100 to the SP in 2028/29.
From these 4 drugs, TP of
$300 is realistic. There are other cancer drugs under clinical trials, and will add
$100's to the SP in 3 to 5 years.