other material
confidence high
sentiment neutral
materiality 0.35
Corcept terminates distribution agreement with Optime Care, effective Jan 8, 2026
CORCEPT THERAPEUTICS INC
- Notice of termination of Distribution Services Agreement with Optime Care given Oct 10, 2025; effective Jan 8, 2026.
- Optime had been specialty pharmacy distributor for Korlym and authorized generic mifepristone.
- Exclusive provider status ended Sept 15, 2025; termination is for convenience under 90-day notice provision.
- Original agreement dated Aug 4, 2017, amended and restated Apr 1, 2024, with term through Mar 31, 2027.