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 >
Lamar Advertising Insider Sold Shares Worth $594,862, According to a Recent SEC Filing
Lamar Advertising Insider Sold Shares Worth $594,862, According to a Recent SEC Filing
Mar 8, 2024
04:07 PM EST, 03/08/2024 (MT Newswires) -- Jay Lecoryelle Johnson, CFO, Treasurer, Executive Vice President, on March 07, 2024, sold 5,000 shares in Lamar Advertising ( LAMR ) for $594,862. Following the Form 4 filing with the SEC, Johnson has control over a total of 10,000 shares of the company, with 10,000 shares held directly. SEC Filing: https://www.sec.gov/Archives/edgar/data/1090425/000106299324005952/xslF345X03/form4.xml ...
Marsh & Mclennan Companies Insider Sold Shares Worth $306,523, According to a Recent SEC Filing
Marsh & Mclennan Companies Insider Sold Shares Worth $306,523, According to a Recent SEC Filing
Mar 8, 2024
04:07 PM EST, 03/08/2024 (MT Newswires) -- John Jude Jones, Chief Marketing Officer, on March 07, 2024, sold 1,505 shares in Marsh & Mclennan Companies ( MMC ) for $306,523. Following the Form 4 filing with the SEC, Jones has control over a total of 9,672 shares of the company, with 7,978 shares held directly and 1,694 controlled indirectly. SEC...
Us Foods Holding Insider Sold Shares Worth $2,626,000, According to a Recent SEC Filing
Us Foods Holding Insider Sold Shares Worth $2,626,000, According to a Recent SEC Filing
Mar 8, 2024
04:07 PM EST, 03/08/2024 (MT Newswires) -- David A Rickard, Executive Vice President, Strategy Revenue Management, on March 06, 2024, sold 50,000 shares in Us Foods Holding ( USFD ) for $2,626,000. Following the Form 4 filing with the SEC, Rickard has control over a total of 148,561 shares of the company, with 148,561 shares held directly. SEC Filing: https://www.sec.gov/Archives/edgar/data/1665918/000166591824000016/xslF345X03/wk-form4_1709931806.xml...
Stewart Information Services Insider Sold Shares Worth $757,266, According to a Recent SEC Filing
Stewart Information Services Insider Sold Shares Worth $757,266, According to a Recent SEC Filing
Mar 8, 2024
04:06 PM EST, 03/08/2024 (MT Newswires) -- Matthew Morris, Director, on March 07, 2024, sold 12,000 shares in Stewart Information Services ( STC ) for $757,266. Following the Form 4 filing with the SEC, Morris has control over a total of 76,878 shares of the company, with 76,867 shares held directly and 11 controlled indirectly. SEC Filing: https://www.sec.gov/Archives/edgar/data/94344/000106299324005953/xslF345X03/form4.xml Price: 61.27,...
Copyright 2023-2026 - www.financetom.com All Rights Reserved