DURECT Corporation (DRRX)
NASDAQ: DRRX · IEX Real-Time Price · USD
0.825
+0.020 (2.45%)
Apr 23, 2024, 11:55 AM EDT - Market open

Company Description

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 osmotic pumps and accessories used for research in mice, rats, and other laboratory animals.

In addition, the company offers POSIMIR, a post-surgical pain product to deliver bupivacaine over three days in adults; and Methydur to treat attention deficit hyperactivity disorder.

It markets and sells its ALZET lines through direct sales force in the United States, as well as through a network of distributors in other countries.

The company has strategic collaboration and other agreements with Virginia Commonwealth University Intellectual Property Foundation; Indivior UK Ltd.; and Innocoll Pharmaceuticals Limited.

DURECT Corporation was incorporated in 1998 and is headquartered in Cupertino, California.

DURECT Corporation
DURECT logo
Country United States
Founded 1998
IPO Date Sep 28, 2000
Industry Drug Manufacturers - Specialty & Generic
Sector Healthcare
Employees 58
CEO Dr. James E. Brown D.V.M.

Contact Details

Address:
10240 Bubb Road
Cupertino, California 95014
United States
Phone (408) 777-1417
Website durect.com

Stock Details

Ticker Symbol DRRX
Exchange NASDAQ
Fiscal Year January - December
Reporting Currency USD
CIK Code 0001082038
CUSIP Number 266605104
ISIN Number US2666055007
Employer ID 94-3297098
SIC Code 2834

Key Executives

Name Position
Dr. James E. Brown D.V.M. Co-Founder, Chief Executive Officer, President and Director
Timothy M. Papp M.B.A. Chief Financial Officer and Secretary
Dr. Norman L. Sussman M.D. Chief Medical Officer
Judy R. Joice Senior Vice President of Operations and Corporate Quality Assurance
Dr. WeiQi Lin M.D., Ph.D. Executive Vice President of Research and Development and Principal Scientist
Keith L. Lui M.B.A. Senior Vice President of Business Development, Commercial and Medical Affairs
Jian Li M.B.A. Senior Vice President of Finance, Corporate Controller and Secretary
Dr. Su Il Yum Ph.D. Executive Officer

Latest SEC Filings

Date Type Title
Mar 28, 2024 424B5 Filing
Mar 28, 2024 10-K Annual Report
Mar 27, 2024 8-K Current Report
Mar 27, 2024 SC 13G Statement of acquisition of beneficial ownership by individuals
Mar 22, 2024 8-K Current Report
Mar 4, 2024 8-K Current Report
Feb 16, 2024 SC 13G Statement of acquisition of beneficial ownership by individuals
Feb 14, 2024 SC 13G/A [Amend] Statement of acquisition of beneficial ownership by individuals
Dec 22, 2023 8-K Current Report
Dec 1, 2023 SC 13G/A [Amend] Statement of acquisition of beneficial ownership by individuals