DURECT Corporation (DRRX)

NASDAQ: DRRX · IEX Real-Time Price · USD
2.77
+0.08 (2.97%)
Sep 26, 2023, 9:48 AM EDT - Market open
2.97%
Market Cap 76.18M
Revenue (ttm) 19.43M
Net Income (ttm) -36.11M
Shares Out 27.60M
EPS (ttm) -1.53
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 4,121
Open 2.72
Previous Close 2.69
Day's Range 2.72 - 2.77
52-Week Range 2.64 - 9.50
Beta 1.49
Analysts Strong Buy
Price Target 34.25 (+1,136.46%)
Earnings Date Nov 1, 2023

About DRRX

DURECT Corporation, a biopharmaceutical company, researches and develops medicines based on its epigenetic regulator and pharmaceutical programs. The company offers ALZET product line that consists of osmotic pumps and accessories used for research in mice, rats, and other laboratory animals. It also develops 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-a... [Read more]

Sector Healthcare
IPO Date Sep 28, 2000
Employees 72
Stock Exchange NASDAQ
Ticker Symbol DRRX
Full Company Profile

Financial Performance

In 2022, DURECT's revenue was $19.28 million, an increase of 37.96% compared to the previous year's $13.98 million. Losses were -$35.33 million, -2.57% less than in 2021.

Financial Statements

Analyst Forecast

According to 4 analysts, the average rating for DRRX stock is "Strong Buy." The 12-month stock price forecast is $34.25, which is an increase of 1,136.46% from the latest price.

Price Target
$34.25
(1,136.46% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

DURECT Corporation Announces Last Patient Last Visit in Phase 2b AHFIRM Trial of Larsucosterol in Alcohol-Associated Hepatitis

Company on track to report topline data from AHFIRM in Q4 2023 CUPERTINO, Calif. , Sept. 7, 2023 /PRNewswire/ -- DURECT Corporation (Nasdaq: DRRX), a late-stage biopharmaceutical company pioneering th...

19 days ago - PRNewsWire

DURECT Corporation Announces Presentations in Upcoming Investor Conferences

CUPERTINO, Calif. , Aug. 31, 2023 /PRNewswire/ -- DURECT Corporation (Nasdaq: DRRX), a biopharmaceutical company committed to transforming the treatment of acute organ injury and chronic liver disease...

25 days ago - PRNewsWire

DURECT Corporation Reports Second Quarter 2023 Financial Results and Business Update

-    Webcast of Earnings Call Today, August 9th at 4:30 p.m. ET -    Topline data from AHFIRM trial expected in Q4 2023 CUPERTINO, Calif.

6 weeks ago - PRNewsWire

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

CUPERTINO, Calif. , Aug. 3, 2023 /PRNewswire/ -- DURECT Corporation (Nasdaq: DRRX), a biopharmaceutical company committed to transforming the treatment of acute organ injury and chronic liver diseases...

7 weeks ago - PRNewsWire

DURECT Corporation Announces $15 Million Registered Direct Offering Priced At-The-Market Under Nasdaq Rules

CUPERTINO, Calif. , July 20, 2023 /PRNewswire/ -- DURECT Corporation (Nasdaq: DRRX) ("DURECT"), a biopharmaceutical company focused on developing its epigenetic regulator program for the treatment of ...

2 months ago - PRNewsWire

DURECT Completes Enrollment in Phase 2b AHFIRM Trial of Larsucosterol in Alcohol-Associated Hepatitis

Topline data anticipated in Q4 2023 CUPERTINO, Calif. , June 7, 2023 /PRNewswire/ -- DURECT Corporation (Nasdaq: DRRX), a biopharmaceutical company developing epigenetic therapies for the treatment of...

3 months ago - PRNewsWire

DURECT Corporation Reports First Quarter 2023 Financial Results and Business Update

- Webcast of Earnings Call Today, May 8th at 4:30 p.m. ET - Topline data from AHFIRM trial expected in 2H 2023 CUPERTINO, Calif.

5 months ago - PRNewsWire

DURECT Corporation to Announce First Quarter 2023 Financial Results and Provide Business Update on May 8

CUPERTINO, Calif. , May 1, 2023 /PRNewswire/ --- DURECT Corporation (Nasdaq: DRRX) today announced that it will report its first quarter 2023 financial results and host a conference call after the mar...

5 months ago - PRNewsWire

DURECT Corporation to Host KOL Event on Alcohol-Associated Hepatitis

CUPERTINO, Calif., April 27, 2023 /PRNewswire/ -- DURECT Corporation (Nasdaq: DRRX) today announced it will host a Key Opinion Leader ("KOL") event on Alcohol-Associated Hepatitis on May 16th in New Y...

5 months ago - PRNewsWire

DURECT Corporation to Participate in Fireside Chat at the H.C. Wainwright BioConnect Investor Conference

CUPERTINO, Calif. , April 25, 2023 /PRNewswire/ -- DURECT Corporation (Nasdaq: DRRX) today announced that Dr. James Brown, President and CEO, will participate in a fireside chat hosted by Ed Arce, Man...

5 months ago - PRNewsWire

DURECT Announces Peer-Reviewed Article Accepted for Publication with Additional Data from Previously Completed Phase 2a Study of Larsucosterol in Alcohol-Associated Hepatitis

Data expands upon previously reported results, including individual patient data, additional liver biomarkers, and comparisons to matching arms from a contemporaneous study

6 months ago - PRNewsWire

DURECT Corporation Announces Appointment of Gail Maderis as Chair of the Board

CUPERTINO, Calif. , March 21, 2023 /PRNewswire/ -- DURECT Corporation (Nasdaq: DRRX) announced today that Gail Maderis has assumed the role of Chair of the Board of DURECT effective March 17, 2023.

6 months ago - PRNewsWire

DURECT Corporation Fireside Chat at the Oppenheimer 33rd Annual Healthcare Conference

CUPERTINO, Calif. , March 9, 2023 /PRNewswire/ -- DURECT Corporation (Nasdaq: DRRX) today announced that Dr. James Brown, President and CEO and additional members of the management team will participa...

7 months ago - PRNewsWire

DURECT Corporation Reports Fourth Quarter and Full Year 2022 Financial Results and AHFIRM Trial Update

-  Webcast of Earnings Call Today, March 7 th at 4:30 p.m. ET -  Topline data from AHFIRM trial expected in 2023 CUPERTINO, Calif.

7 months ago - PRNewsWire

DURECT Corporation to Announce Fourth Quarter and Full Year 2022 Financial Results and Provide Business Update on March 7

CUPERTINO, Calif. , Feb. 28, 2023 /PRNewswire/ -- DURECT Corporation (Nasdaq: DRRX) today announced that it will report its fourth quarter and full year 2022 financial results and host a conference ca...

7 months ago - PRNewsWire

DURECT Corporation Announces $10 Million Registered Direct Offering of Common Stock and Warrants

CUPERTINO, Calif. , Feb. 3, 2023 /PRNewswire/ -- DURECT Corporation (Nasdaq: DRRX) ("DURECT"), a biopharmaceutical company focused on developing its epigenetic regulator program for the treatment of a...

8 months ago - PRNewsWire

DURECT Announces 1-for-10 Reverse Stock Split

CUPERTINO, Calif. , Nov. 28, 2022 /PRNewswire/ -- DURECT Corporation (Nasdaq: DRRX), a biopharmaceutical company focused on developing epigenetic regulator programs for the treatment of acute organ in...

10 months ago - PRNewsWire

DURECT Corporation Reports Third Quarter 2022 Financial Results and Update of Programs

-  Webcast of Earnings Call Today, November 2 nd at 4:30 p.m. ET -  AHFIRM trial timeline continues to improve CUPERTINO, Calif.

11 months ago - PRNewsWire

DURECT Corporation to Announce Third Quarter 2022 Financial Results and Provide Business Update on November 2

CUPERTINO, Calif. , Oct. 26, 2022 /PRNewswire/ -- DURECT Corporation (Nasdaq: DRRX) today announced that it will report its third quarter 2022 financial results and host a conference call after the ma...

11 months ago - PRNewsWire

DURECT Reaches Enrollment Milestone in Phase 2b AHFIRM Trial

AHFIRM enrollment surpasses 200 of the planned 300 AH patients Enrollment completion now anticipated in Q2 2023 CUPERTINO, Calif. , Oct. 6, 2022 /PRNewswire/ -- DURECT Corporation (Nasdaq: DRRX), a bi...

1 year ago - PRNewsWire

Innocoll and DURECT Announce U.S. launch of POSIMIR®

POSIMIR® is now commercially available in the U.S. for the treatment of post-surgical pain in adults following arthroscopic subacromial decompression surgery DURECT recently received an $8 million mil...

1 year ago - PRNewsWire

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

CUPERTINO, Calif. , Sept. 6, 2022 /PRNewswire/ -- DURECT Corporation (Nasdaq: DRRX) today announced that Dr. James E.

1 year ago - PRNewsWire

DURECT Corporation Reports Second Quarter 2022 Financial Results and Update of Programs

-  Webcast of Earnings Call Today, August 4 th at 4:30 p.m. ET -  Enrollment accelerating in the AHFIRM trial CUPERTINO, Calif.

1 year ago - PRNewsWire

DURECT Corporation to Announce Second Quarter 2022 Financial Results and Provide Business Update on August 4

CUPERTINO, Calif. , July 27, 2022 /PRNewswire/ -- DURECT Corporation (Nasdaq: DRRX) today announced that it will report its first quarter 2022 financial results and host a conference call after the ma...

1 year ago - PRNewsWire

DURECT Corporation Appoints Timothy M. Papp as Chief Financial Officer

CUPERTINO, Calif. , July 5, 2022 /PRNewswire/ --  DURECT Corporation  (Nasdaq: DRRX), a biopharmaceutical company focused on epigenetic regulation to develop treatments for acute organ injury and chro...

1 year ago - PRNewsWire