DURECT Corporation (DRRX)
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]
Full Company ProfileFinancial 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 StatementsAnalyst 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.
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...

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...

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.

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...

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 ...

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...

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.

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...

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...

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...

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

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.

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...

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.

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...

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...

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...

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.

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...

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...

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...

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.

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.

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...

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...