DURECT Corporation to Announce 2020 Financial Results and Provide Business Update on March 4
DURECT Corporation (Nasdaq: DRRX) will announce its fourth quarter and full year 2020 financial results on March 4, 2021, at 4:30 PM ET. The company will host a conference call following the announcement. DURECT is focused on innovative therapies to treat acute organ injury and chronic liver diseases, with lead drug candidate DUR-928 in clinical trials for alcohol-associated hepatitis and other conditions. POSIMIR, another product, is FDA-approved for non-opioid pain management. The firm emphasizes ongoing developments in light of economic uncertainties.
- DUR-928 is in clinical development for alcohol-associated hepatitis, with Fast Track Designation from the FDA.
- POSIMIR has gained FDA approval for pain management, potentially enhancing revenue streams.
- Risks associated with clinical trials for DUR-928 include delays due to COVID-19 and changes in standard care.
- Concerns over the efficacy and safety of DUR-928 in clinical trials could impact future development.
CUPERTINO, Calif., Feb. 25, 2021 /PRNewswire/ -- DURECT Corporation (Nasdaq: DRRX) today announced that it will report its fourth quarter and year ended December 31, 2020 financial results and host a conference call after the market close on Thursday, March 4, 2021.
Thursday, March 4 @ 4:30pm Eastern Time / 1:30 p.m. Pacific Time
Toll Free: | 877-407-0784 |
International: | 201-689-8560 |
Conference ID: | 13715968 |
Webcast: |
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; COVID-19 and non-alcoholic steatohepatitis (NASH) are 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, COVID-19, or other acute organ injury and chronic liver diseases, plans for clinical development 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, or that the clinical trial of DUR-928 in COVID-19 patients is delayed or stopped because of changes to the standard of care, the availability of alternative therapies, protocol changes or lack of available patients, the risk that clinical trials of DUR-928 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 November 3, 2020 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.
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SOURCE DURECT Corporation
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