DURECT Corporation (DRRX)

NASDAQ: DRRX · Real-Time Price · USD
0.799
-0.011 (-1.36%)
Feb 21, 2025, 4:00 PM EST - Market closed
-1.36%
Market Cap 24.80M
Revenue (ttm) 8.59M
Net Income (ttm) -17.07M
Shares Out 31.04M
EPS (ttm) -0.67
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 16,377
Open 0.800
Previous Close 0.810
Day's Range 0.770 - 0.800
52-Week Range 0.700 - 1.880
Beta 0.91
Analysts Buy
Price Target 5.00 (+525.78%)
Earnings Date Mar 26, 2025

About DRRX

DURECT Corporation, a biopharmaceutical company, develops medicines based on its epigenetic regulator program. The company’s lead product larsucosterol (DUR-928), an endogenous, orally bioavailable small molecule that is in Phase IIb clinical trial to play a regulatory role in lipid metabolism, stress and inflammatory responses, and cell death and survival to treat alcohol-associated hepatitis, as well as completed Phase Ib clinical trial to treat patients with nonalcoholic steatohepatitis. It also offers ALZET product line that consists of osm... [Read more]

Sector Healthcare
IPO Date Sep 28, 2000
Employees 58
Stock Exchange NASDAQ
Ticker Symbol DRRX
Full Company Profile

Financial Performance

In 2023, DURECT's revenue was $8.55 million, a decrease of -55.67% compared to the previous year's $19.28 million. Losses were -$27.62 million, -21.82% less than in 2022.

Financial Statements

Analyst Forecast

According to 2 analysts, the average rating for DRRX stock is "Buy." The 12-month stock price forecast is $5.0, which is an increase of 525.78% from the latest price.

Price Target
$5.0
(525.78% upside)
Analyst Consensus: Buy
Stock Forecasts

News

DURECT Corporation to Present at Oppenheimer 35th Annual Healthcare Life Sciences Conference

CUPERTINO, Calif. , Feb. 4, 2025 /PRNewswire/ -- DURECT Corporation (Nasdaq: DRRX) today announced that James E.

17 days ago - PRNewsWire

DURECT Corporation Announces Publication of Larsucosterol Phase 2b Results in NEJM Evidence

The article presents new trial data, including subgroup analyses and liver biomarkers, which have guided the design of the Company's planned Phase 3 trial CUPERTINO, Calif. , Jan. 28, 2025 /PRNewswire...

24 days ago - PRNewsWire

DURECT Corporation Announces Sale of ALZET® Product Line to Lafayette Instrument Co. for $17.5 Million

CUPERTINO, Calif. , Nov. 25, 2024 /PRNewswire/ -- DURECT Corporation (Nasdaq: DRRX), a late-stage biopharmaceutical company pioneering the development of epigenetic therapies to transform the treatmen...

3 months ago - PRNewsWire

DURECT Corporation (DRRX) Q3 2024 Earnings Call Transcript

DURECT Corporation (NASDAQ:DRRX) Q3 2024 Earnings Conference Call November 13, 2024 4:30 PM ET Company Participants Jim Brown - Co-Founder, Chief Executive Officer, President, Director Tim Papp - Chi...

3 months ago - Seeking Alpha

DURECT Corporation Reports Third Quarter 2024 Financial Results and Provides Business Update

-     Seeking to initiate Phase 3 registrational trial for larsucosterol with topline results expected within two years of initiation -     Webcast of Earnings Call Today, November 13 at 4:30 p.m. ET ...

3 months ago - PRNewsWire

DURECT Corporation to Announce Third Quarter 2024 Financial Results and Provide a Business Update

CUPERTINO, Calif. , Nov. 6, 2024 /PRNewswire/ -- DURECT Corporation (Nasdaq: DRRX), a late-stage biopharmaceutical company pioneering the development of epigenetic therapies to transform the treatment...

3 months ago - PRNewsWire

DURECT Corporation to Present Data on Larsucosterol at The Liver Meeting 2024

CUPERTINO, Calif. , Oct. 17, 2024 /PRNewswire/ -- DURECT Corporation (Nasdaq: DRRX), a late-stage biopharmaceutical company pioneering the development of epigenetic therapies to transform the treatmen...

4 months ago - PRNewsWire

DURECT Corporation Announces Phase 3 Registrational Trial Design for Larsucosterol in Alcohol-associated Hepatitis

- Type B meeting with FDA held under Breakthrough Therapy designation resulted in agreement on key aspects of Phase 3 trial design - Single Phase 3 trial designed to enroll 200 U.S. patients with a 90...

5 months ago - PRNewsWire

DURECT Corporation to Present at the H.C. Wainwright Global Investment Conference

CUPERTINO, Calif. , Sept. 4, 2024 /PRNewswire/ -- DURECT Corporation (Nasdaq: DRRX), a late-stage biopharmaceutical company pioneering the development of epigenetic therapies to transform the treatmen...

6 months ago - PRNewsWire

DURECT Corporation (DRRX) Q2 2024 Earnings Call Transcript

DURECT Corporation (NASDAQ:DRRX) Q2 2024 Results Conference Call August 13, 2024 4:30 PM ET Company Participants Tim Papp - CFO & Secretary Jim Brown - Co-Founder, CEO, President & Director WeiQi Lin...

6 months ago - Seeking Alpha

DURECT Corporation Reports Second Quarter 2024 Financial Results and Business Update

-         FDA Granted Breakthrough Therapy Designation for Larsucosterol in Alcohol-Associated Hepatitis -         Held Type B Meeting with FDA to Discuss Phase 3 Clinical Trial Design -         Seeki...

6 months ago - PRNewsWire

DURECT Corporation to Announce Second Quarter 2024 Financial Results and Provide a Business Update

CUPERTINO, Calif. , Aug. 7, 2024 /PRNewswire/ -- DURECT Corporation (Nasdaq: DRRX), a late-stage biopharmaceutical company pioneering the development of epigenetic therapies to transform the treatment...

7 months ago - PRNewsWire

DURECT Corporation Receives FDA Breakthrough Therapy Designation for Larsucosterol in Alcohol-Associated Hepatitis

DURECT plans to confirm the efficacy and safety of larsucosterol in a registrational Phase 3 clinical trial  CUPERTINO, Calif. , May 21, 2024 /PRNewswire/ -- DURECT Corporation (Nasdaq: DRRX), a late-...

9 months ago - PRNewsWire

DURECT Corporation (DRRX) Q1 2024 Earnings Call Transcript

DURECT Corporation (NASDAQ:DRRX) Q1 2024 Earnings Conference Call May 13, 2024 4:30 PM ET Company Participants Timothy M. Papp - CFO James E.

10 months ago - Seeking Alpha

DURECT Corporation Reports First Quarter 2024 Financial Results and Business Update

-         FDA Feedback Supports Single Pivotal Trial for Approval of Larsucosterol in Alcohol-Associated Hepatitis -         Webcast of Earnings Call Today, May 13th at 4:30 p.m. ET CUPERTINO, Calif.

10 months ago - PRNewsWire

DURECT Corporation to Announce First Quarter 2024 Financial Results and Provide a Business Update

CUPERTINO, Calif. , May 7, 2024 /PRNewswire/ -- DURECT Corporation (Nasdaq: DRRX), a late-stage biopharmaceutical company pioneering the development of epigenetic therapies to transform the treatment ...

10 months ago - PRNewsWire

DURECT Corporation Announces Late-Breaking Oral Presentation at the EASL Congress 2024 to Discuss AHFIRM Phase 2b Data in Alcohol-Associated Hepatitis

CUPERTINO, Calif. , April 30, 2024 /PRNewswire/ -- DURECT Corporation (Nasdaq: DRRX), a late-stage biopharmaceutical company pioneering the development of epigenetic therapies to transform the treatme...

10 months ago - PRNewsWire

DURECT Corporation (DRRX) Q4 2023 Earnings Call Transcript

DURECT Corporation (DRRX) Q4 2023 Earnings Call Transcript

11 months ago - Seeking Alpha

DURECT Corporation Reports Fourth Quarter and Full Year 2023 Financial Results and Provides Business Update

- Ongoing Communication with FDA to Align on Next Steps for Larsucosterol in Alcohol-Associated Hepatitis - Webcast of Earnings Call Today, March 27th at 4:30 p.m. ET CUPERTINO, Calif.

11 months ago - PRNewsWire

DURECT Corporation to Announce Fourth Quarter and Full Year 2023 Financial Results and Provide a Business Update

CUPERTINO, Calif. , March 20, 2024 /PRNewswire/ -- DURECT Corporation (Nasdaq: DRRX), a late-stage biopharmaceutical company pioneering the development of epigenetic therapies to transform the treatme...

1 year ago - PRNewsWire

DURECT and Charles River Laboratories Enter into Co-Marketing and Collaboration Agreement for ALZET® Product Line in U.S. and Canada

Partnership agreement will be the first-ever co-marketing and sales collaboration for the ALZET Osmotic Pumps Portfolio and Associated Product Line in the U.S. and Canada Both companies will jointly m...

1 year ago - PRNewsWire

DURECT Corporation to Present at the Oppenheimer 34th Annual Healthcare Life Sciences Conference

CUPERTINO, Calif. , Feb. 7, 2024 /PRNewswire/ -- DURECT Corporation (Nasdaq: DRRX) today announced that James E.

1 year ago - PRNewsWire

Top 3 Health Care Stocks That Are Preparing To Pump This Month - Durect (NASDAQ:DRRX), Aadi Bioscience (NASDAQ:AADI)

The most oversold stocks in the health care sector presents an opportunity to buy into undervalued companies.

Other symbols: AADI
1 year ago - Benzinga

DURECT Corporation (DRRX) Q3 2023 Earnings Call Transcript

DURECT Corporation (NASDAQ:DRRX) Q3 2023 Earnings Conference Call November 13, 2023 4:30 PM ET Company Participants Tim Papp - Chief Financial Officer Jim Brown - Chief Executive Officer Conference C...

1 year ago - Seeking Alpha

DURECT Corporation Reports Third Quarter 2023 Financial Results and Business Update

-  Webcast of Earnings Call Today, November 13th at 4:30 p.m. ET -  Topline data from AHFIRM trial showed compelling efficacy signal in favor of larsucosterol in the key secondary endpoint of mortalit...

1 year ago - PRNewsWire