DURECT Corporation (DRRX)

NASDAQ: DRRX · Real-Time Price · USD
0.865
-0.055 (-5.97%)
Dec 3, 2024, 11:42 AM EST - Market open
-5.97%
Market Cap 26.85M
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 30,677
Open 0.885
Previous Close 0.920
Day's Range 0.850 - 0.885
52-Week Range 0.480 - 1.880
Beta 0.93
Analysts Buy
Price Target 5.00 (+477.97%)
Earnings Date Nov 13, 2024

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 477.97% from the latest price.

Price Target
$5.0
(477.97% upside)
Analyst Consensus: Buy
Stock Forecasts

News

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...

8 days 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...

19 days 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 ...

19 days 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...

26 days 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...

6 weeks 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...

2 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...

3 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...

3 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...

3 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...

4 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-...

7 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.

7 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.

7 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 ...

7 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...

7 months ago - PRNewsWire

DURECT Corporation (DRRX) Q4 2023 Earnings Call Transcript

DURECT Corporation (DRRX) Q4 2023 Earnings Call Transcript

8 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.

8 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...

9 months 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...

9 months 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.

10 months 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

DURECT Corporation to Announce Third Quarter 2023 Financial Results and Provide a Business Update

CUPERTINO, Calif. , Nov. 9, 2023 /PRNewswire/ -- DURECT Corporation (Nasdaq: DRRX), a late-stage biopharmaceutical company pioneering the development of epigenetic therapies to transform the treatment...

1 year ago - PRNewsWire

DURECT Corporation Announces Topline Results from Phase 2b AHFIRM Trial of Larsucosterol in Alcohol-Associated Hepatitis with Promising Effect on Mortality

Compelling efficacy signal in favor of larsucosterol in the key secondary endpoint of mortality at 90 days.  Clinically relevant reduction in 90-day mortality of 41% for 30 mg dose and 35% for 90 mg d...

1 year ago - PRNewsWire