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DURECT Corporation Fireside Chat at the H.C. Wainwright Annual Global Investment Conference

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DURECT Corporation (Nasdaq: DRRX) announced participation in a fireside chat at the H.C. Wainwright 23rd Annual Global Investment Conference on September 13, 2021. Management, including CEO James E. Brown and CFO Michael H. Arenberg, will discuss the company’s progress and strategies. A recording will be available on-demand starting at 7:00 A.M. ET on the same day. DURECT is advancing its lead drug candidate, DUR-928, for alcohol-associated hepatitis, with FDA Fast Track Designation, while its POSIMIR product is FDA-approved.

Positive
  • DUR-928 has received FDA Fast Track Designation for alcohol-associated hepatitis.
  • Ongoing Phase 2b clinical trial (AHFIRM) focuses on DUR-928's effectiveness.
Negative
  • Potential clinical trial delays due to COVID-19 or other factors.
  • Risks that clinical trials may not confirm earlier results or demonstrate sufficient safety/effectiveness.

CUPERTINO, Calif., Sept. 7, 2021 /PRNewswire/ -- DURECT Corporation (Nasdaq: DRRX) today announced that James E. Brown, President, CEO, Michael H. Arenberg, Chief Financial Officer, Dr. Norman Sussman, Chief Medical Officer and Dr. WeiQi Lin, Executive Vice President of R&D will be participating in a fireside chat hosted by Ed Arce of H.C. Wainwright, at the H.C. Wainwright 23rd Annual Global Investment Conference. A recording of the fireside chat will be available on-demand starting at 7:00 A.M. Eastern Standard Time on September 13, 2021. 

Presentation details are as follows:

H.C. Wainwright 23rd Annual Global Investment Conference

Date:

September 13-15, 2021

Time:

Recording will be available on-demand starting at 7:00 A.M. (ET) on September 13, 2021

Format:

Fireside chat hosted by Ed Arce

Webcast:

https://journey.ct.events/view/7394db61-b64c-464f-abec-9307b55521c8

The webcast link of the presentation will also be available by accessing DURECT's homepage at www.durect.com and clicking on "Event Calendar" under the "Investors" section.

Management will also be available for virtual 1x1 meetings during the conference. If you would like to request a meeting, please contact meetings@hcwco.com.

About DURECT Corporation
DURECT is a biopharmaceutical company committed to transforming the treatment of acute organ injury and chronic liver diseases by advancing novel and potentially lifesaving therapies based on its endogenous epigenetic regulator program. DUR-928, the company's lead drug candidate is in clinical development for the potential treatment of alcohol-associated hepatitis (AH) for which FDA has granted a Fast Track Designation. The Company is conducting a double-blind, placebo-controlled Phase 2b clinical trial called AHFIRM, evaluating DUR-928's life saving potential compared to the current standard of care in patients with severe AH. Non-alcoholic steatohepatitis (NASH) is also being explored. In addition, POSIMIR® (bupivacaine solution) for infiltration use, a non-opioid analgesic utilizing the innovative SABER® platform technology, is now FDA-approved. Full prescribing information about POSIMIR, including the Boxed Warning, can be found at www.posimir.com.  For more information about DURECT, please visit www.durect.com and follow us on Twitter  https://twitter.com/DURECTCorp.

DURECT Forward-Looking Statement
The statements in this press release regarding the potential for DUR-928 to treat patients with AH, NASH, and other diseases, multiple acute organ injury, ongoing and planned clinical trials of DUR-928, and the commercial potential of POSIMIR are forward-looking statements involving risks and uncertainties that can cause actual results to differ materially from those in such forward-looking statements. Potential risks and uncertainties include, but are not limited to, the risks that the clinical trial of DUR-928 in AH takes longer to conduct than anticipated due to COVID-19 or other factors, the risk that clinical trials of DUR-928, including AHFIRM, do not confirm the results from earlier clinical or pre-clinical trials, or do not demonstrate the safety or efficacy or the life saving potential of DUR-928 in a statistically significant manner, risks that we or a third-party licensee may not commercialize POSIMIR successfully, if at all, and risks related to our ability to obtain capital to fund operations and expenses. Further information regarding these and other risks is included in DURECT's Form 10-Q filed on July 30, 2021 under the heading "Risk Factors."

NOTE: POSIMIR® and SABER® are trademarks of DURECT Corporation.  Other referenced trademarks belong to their respective owners.  DUR-928 is an investigational drug candidate under development and has not been approved for commercialization by the U.S. Food and Drug Administration or other health authorities for any indication. Full prescribing information for POSIMIR, including its Boxed Warning, can be found at www.posimir.com.

 

Cision View original content:https://www.prnewswire.com/news-releases/durect-corporation-fireside-chat-at-the-hc-wainwright-annual-global-investment-conference-301370065.html

SOURCE DURECT Corporation

FAQ

What is the purpose of DURECT Corporation's fireside chat at the conference?

The chat will focus on the company's progress and strategies.

When will the recording of the DURECT Corporation fireside chat be available?

The recording will be available on-demand starting at 7:00 A.M. ET on September 13, 2021.

What is DUR-928 and its significance to DURECT Corporation?

DUR-928 is DURECT's lead drug candidate in clinical development for alcohol-associated hepatitis, with FDA Fast Track Designation.

What is the current status of DURECT's POSIMIR product?

POSIMIR is a non-opioid analgesic that has received FDA approval for infiltration use.

What are the risks associated with DURECT Corporation's clinical trials?

Risks include potential delays and uncertainty in confirming earlier trial results for DUR-928.

Durect Corp

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