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Biotech / Medical : Corcept Therapeutics Incorporated (CORT)
CORT 73.50+1.7%Oct 31 3:59 PM EST
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To: mopgcw who wrote (12)9/2/2004 3:44:38 AM
From: tuck  Read Replies (1) of 32
 
Thanks, George,

Taken together, those analyst notes imply reasonable chances of success, but I must say, I would not have guessed two years to enroll those trials. Wow. That might be an overly pessimistic view, given Peter's idea that ECT for institutionalized patients is the alternative to participating, and my noting that patients get $250 for participating. So I'd say that a year to 18 months is more likely, but that's still about twice as long as I would have surmised given the incidence of PMD.

I searched for several hours trying to find any published data of the studies beyond what was put out in the PR, and I got nada. Where'd this Piper analyst find the post hoc analysis of the 56 day data? Inquiring minds want to know.

>>A post-hoc analysis of a subpopulation of patients enrolled in Corcept's prior Phase III study for whom 56 day data are available demonstrated a statistically significant difference relative to placebo on this endpoint. Specific details from this 56-day analysis will be presented at a major medical meeting or published in a peer-reviewed journal along with the full data from the study.<<

Mr. Wei, do we have a Reg. FD issue here?

In any case, I guess we wait. Lock up expiration will play havoc with these shares long before anything meaningful happens, IMO.

Cheers, Tuck
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