UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
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FORM
CURRENT REPORT
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Item 8.01. Other Events.
On December 7, 2021, the Federal Circuit Court of Appeals issued an opinion affirming the decision by the Patent Trial and Appeal Board of the U.S. Patent and Trademark Office upholding the validity of all claims of Corcept Therapeutics Incorporated’s (the “Company” or “Corcept”) U.S. Patent No. 10,195,214 (the “’214 patent”) against a post-grant review challenge brought by Teva Pharmaceuticals USA, Inc. The ‘214 patent expires in 2037.
On November 15, 2021, the Company received a records subpoena from the U.S. Attorney’s Office for the District of New Jersey (the “NJ USAO”) pursuant to Section 248 of the Health Insurance Portability and Accountability Act of 1996 (HIPAA) seeking information relating to the sale and promotion of Korlym, Corcept’s relationships with and payments to health care professionals who can prescribe or recommend Korlym and prior authorizations and reimbursement for Korlym. The NJ USAO has informed Corcept that it is investigating whether any criminal or civil violations by Corcept occurred in connection with the matters referenced in the subpoena. It has also informed Corcept that it does not currently consider Corcept a defendant but rather an entity whose conduct is within the scope of the government’s investigation.
On December 8, 2021, the Company issued a press release announcing that it has extended the expiration time of its previously announced tender offer for shares of its Common Stock from one minute after 11:59 P.M., New York City time, on December 7, 2021 until one minute after 11:59 P.M., New York City time, on December 15, 2021 (unless further extended or earlier terminated). A copy of the press release is filed as Exhibit 99.1 hereto and is incorporated herein by reference.
Item 9.01. Financial Statements and Exhibits.
(d) Exhibits
Exhibits No. |
Description | |
99.1 | Press Release of Corcept Therapeutics Incorporated, dated December 8, 2021 | |
104.1 | Cover Page Interactive Data File - the cover page XBRL tags are embedded within the Inline XBRL document |
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
CORCEPT THERAPEUTICS INCORPORATED | ||||||
Date: December 8, 2021 | By: | /s/ Charles Robb | ||||
Name: Charles Robb | ||||||
Title: Chief Business Officer |