CUPERTINO, Calif., Sept. 30, 2020 /PRNewswire/ -- DURECT Corporation
(Nasdaq: DRRX) announced today that James
E. Brown, President, CEO, Michael H.
Arenberg, Chief Financial 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 on Monday, October 5, 2020 from 2:30 p.m. to 3:00 p.m. EDT / 11:30 a.m. to noon PDT.
A live webcast of the presentation will be available by
accessing
https://journey.ct.events/view/e7ded313-1d06-476a-971c-b76dce8a6457
The live webcast of the presentation will also be available
by accessing DURECT's homepage at www.durect.com and clicking on
the "Investors" tab.
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 alcoholic hepatitis (AH), COVID-19 patients with acute
liver or kidney injury, and nonalcoholic steatohepatitis (NASH).
DUR-928 epigenetically modulates the expression of multiple
clusters of master genes that are involved in many important cell
signaling pathways, through which it stabilizes mitochondria,
reduces lipotoxicity, regulates inflammatory or stress responses,
and promotes cell survival. DURECT's proprietary drug delivery
technologies are designed to enable new indications and enhanced
attributes for small-molecule and biologic drugs. One late-stage
product candidate in this category is POSIMIR®
(bupivacaine extended-release solution), an investigational
locally-acting, non-opioid analgesic intended to provide up to
three days of continuous pain relief after surgery. 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 clinical
development plans for DUR-928, including the potential use of
DUR-928 to treat COVID-19 patients with liver or kidney injury, the
potential use of DUR-928 to treat acute organ injuries, such as AH,
and chronic liver diseases, such as NASH, and the potential use of
POSIMIR to provide pain relief after surgery 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
COVID-19 patients is delayed or stopped because of changes to the
standard of care, the availability of alternative therapies,
required protocol changes or lack of available patients, the risk
that future clinical trials of DUR-928 are not started when
anticipated, take longer to conduct than anticipated, do not
confirm the results from earlier clinical or pre-clinical trials,
or do not demonstrate the safety or efficacy of DUR-928 in a
statistically significant manner, the risk that the FDA will not
approve POSIMIR or approve POSIMIR with a limited label, the risk
that additional time and resources may be required for development,
testing and regulatory approval of DUR-928 or the Company's other
product candidates, potential adverse effects arising from the
testing or use of our drug candidates, our potential failure to
maintain our collaborative agreements with third parties 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 August 4, 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 and POSIMIR are
investigational drug candidates under development and have not been
approved for commercialization by the U.S. Food and Drug
Administration or other health authorities for any indication.
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SOURCE DURECT Corporation