Corcept Therapeutics Inc.
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Corcept Therapeutics slumps as much as 28% to the lowest in over a year after saying in a filing that on Nov. 15 it received a records subpoena from the U.S. Attorney’s Office for the District of New Jersey seeking information about the sale and promotion of Korlym.
The subpoena also covers Corcept’s relationships with and payments to health-care professionals who can prescribe or recommend Korlym and prior authorizations and reimbursement for Korlym, per filing.