financetom
Business
financetom
/
Business
/
Drugmaker Corcept must face Teva lawsuit over mifepristone 'monopoly' for rare disorder
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Drugmaker Corcept must face Teva lawsuit over mifepristone 'monopoly' for rare disorder
Sep 15, 2025 6:18 PM

Sept 15 (Reuters) - Teva Pharmaceuticals can pursue most

of its lawsuit accusing rival drugmaker Corcept Therapeutics ( CORT ) of

monopolizing the market for the mifepristone-based drug Korlym

to treat the hormonal disorder Cushing's syndrome, a U.S. judge

has ruled.

In a ruling on Friday, U.S. District Judge Noël Wise in San

Francisco said Teva had presented enough information for now to

press ahead with claims that Corcept and specialty pharmacy

Optime Care, the sole distributor of Korlym, violated antitrust

law.

Teva's lawsuit, filed last year, alleged that Corcept

stifled competition "at every turn" through exclusive agreements

that suppressed Teva's generic version of Korlym. Teva also

accused Corcept of "paying bribes and kickbacks" to physicians

to keep them prescribing Korlym.

Corcept, Teva and a lawyer for Optime did not immediately

respond to requests for comment.

Corcept and Optime have denied any wrongdoing.

Mifepristone is best known for its use to terminate unwanted

pregnancies, which was a subject of a U.S. Supreme Court ruling

last year that rejected a challenge to the drug's use for

abortions.

In Korlym, the drug is used to treat Cushing's syndrome, a

rare disorder caused by too much of the hormone cortisol in the

body. The syndrome affects about 20,000 people in the United

States and can be fatal, Teva's lawsuit said.

Corcept and Optime have a long-term exclusive-dealing

arrangement that bars Optime from distributing any medication

that competes with Korlym, the lawsuit said. Teva said it

launched a less expensive generic version of Korlym, but "during

that time Teva has captured close to zero market share."

Corcept, in its bid to dismiss the case, said Teva was

"unhappy with its product's weak performance" and pursuing a

"sour grapes lawsuit."

Optime said in a court filing that "Teva's claims against

Optime are not merely implausible, they are entirely fanciful."

The judge dismissed some state law claims and a claim of

unjust enrichment from Teva's lawsuit. The ruling said Teva can

file an amended complaint.

The case is Teva Pharmaceuticals USA Inc. v. Corcept

Therapeutics Inc. ( CORT ) et al, U.S. District Court, Northern District

of California, No. 5:24-cv-03567-NW.

For Teva: Devora Allon, Kevin Neylan Jr and Michael Shipley

of Kirkland & Ellis

For Corcept: Robert Stone, Adam Wolfson and Steig Olson of

Quinn Emanuel Urquhart & Sullivan

For Optime: Justin Fields and Lucas Wohlford of Duane Morris

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Exclusive-Tesla retreats from next-generation 'gigacasting' manufacturing process
Exclusive-Tesla retreats from next-generation 'gigacasting' manufacturing process
May 1, 2024
AUSTIN, Texas (Reuters) - Tesla has backed away from an ambitious plan for innovations in gigacasting, its pioneering manufacturing process, according to two sources familiar with the matter, in another sign that the electric-vehicle maker is retrenching amid falling sales and rising competition. Tesla has been a leader in gigacasting, a cutting-edge technique that uses huge presses with thousands of...
Leidos Awarded $206 Million National Geospatial-Intelligence Agency Contract
Leidos Awarded $206 Million National Geospatial-Intelligence Agency Contract
May 1, 2024
11:19 AM EDT, 05/01/2024 (MT Newswires) -- Leidos ( LDOS ) said Wednesday it was awarded a contract by the National Geospatial-Intelligence Agency to improve geospatial processing projects. The contract has a ceiling value of $206 million, if all task orders are exercised over a five-year period, the company said. Price: 140.62, Change: +0.40, Percent Change: +0.28 ...
Amazon.com Set for Upside From Retail Margins, AWS Acceleration, BofA Securities Says
Amazon.com Set for Upside From Retail Margins, AWS Acceleration, BofA Securities Says
May 1, 2024
11:34 AM EDT, 05/01/2024 (MT Newswires) -- Amazon.com ( AMZN ) is positioned for upside from its retail margins and the acceleration of Amazon Web Services, or AWS, potentially driving multiple expansion, BofA Securities said in a Wednesday note. The company reported Q1 earnings late Tuesday of $0.98 per diluted share, up from $0.31 a year earlier, as net sales...
Krispy Kreme to Launch in Germany in 2025
Krispy Kreme to Launch in Germany in 2025
May 1, 2024
11:33 AM EDT, 05/01/2024 (MT Newswires) -- Krispy Kreme (DNUT) said Wednesday it has entered into an agreement with restaurant group ISH Kreme to bring its products to Germany, expecting to launch in the country in early 2025. The company said it will offer its donuts to German consumers through Krispy Kreme shops beginning in Berlin. Price: 12.49, Change: -0.16,...
Copyright 2023-2026 - www.financetom.com All Rights Reserved