Navigation Links
DURECT Announces Sale of 4,444,444 Shares of Common Stock, Raising Proceeds of $10 Million
Date:9/11/2009

CUPERTINO, Calif., Sept. 11 /PRNewswire-FirstCall/ -- -- DURECT Corporation (Nasdaq: DRRX) today reported that it has entered into a privately negotiated transaction to sell 4,444,444 primary shares of common stock to affiliates of Venrock at a price of $2.25 per share, raising net proceeds to DURECT of approximately $10 million. DURECT expects the financing to close on or about September 18, 2009, subject to customary closing conditions.

(Logo:http://www.newscom.com/cgi-bin/prnh/20020717/DRRXLOGO)

A shelf registration statement relating to the shares of common stock to be issued in the offering has been filed with the Securities and Exchange Commission (the "SEC") and has been declared effective. A prospectus supplement relating to the offering will be filed with the SEC. Copies of the prospectus supplement and accompanying prospectus may be obtained directly from the Company by contacting DURECT Corporation, 2 Results Way, Cupertino, CA 95014 or through the SEC's electronic data system called IDEA (formerly EDGAR) at www.sec.gov. This announcement is neither an offer to sell nor a solicitation of an offer to buy any of shares of DURECT's common stock. No offer, solicitation or sale will be made in any jurisdiction in which such offer, solicitation or sale is unlawful.

About DURECT Corporation

DURECT is an emerging specialty pharmaceutical company developing innovative drugs for pain and other chronic diseases, with late-stage development programs including REMOXY(R), POSIDUR(TM), ELADUR(TM), and TRANSDUR(TM)-Sufentanil.

About Venrock

Venrock is a premier venture capital firm w
'/>"/>

SOURCE DURECT Corporation
Copyright©2009 PR Newswire.
All rights reserved

Page: 1 2

Related medicine news :

1. DURECT Signs Long Term Excipient Supply Agreement With King Pharmaceuticals for REMOXY(R)
2. DURECT Announces License of ADHD Drug Candidate in Selected Asian and South Pacific Countries to Orient Pharma
3. DURECT Corporation Announces Second Quarter 2009 Financial
4. DURECT to Present at the BMO Capital Markets Healthcare Conference
5. DURECT Corporation Invites You to Join Its Second Quarter 2009 Earnings Conference Call
6. DURECT Appoints Dr. Joseph Stauffer as Chief Medical Officer and Executive Vice President, Corporate Strategy
7. DURECT Corporation Invites You to Join its First Quarter 2009 Earnings Conference Call
8. DURECT to Participate in Cowen and Company Healthcare Conference
9. Endo Pharmaceuticals Returns Product Rights to TRANSDUR(TM)-Sufentanil to DURECT
10. DURECT Corporation Invites You to Join Its Fourth Quarter 2008 Earnings Conference Call
11. DURECT Corporation to Participate in Upcoming Healthcare Conferences
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:2/28/2015)... The noted Toronto plastic surgeon Dr. ... recently featured in the January/February 2015 issue of Elevate ... Ellis was featured in an article entitled “Get the ... that Kim Cattrall has possibly undergone to maintain her ... smooth without horizontal lines or frown line creases, which ...
(Date:2/28/2015)... 28, 2015 Javon Bea Mercy ... Harvard Hospital as stroke capable by the State of ... ambulance to Mercy Harvard Hospital. , The hospital was ... their ability to treat stroke according to national standards ... transporting stroke patients to bypass hospitals not designated as ...
(Date:2/28/2015)... Plugin creators from Pixel Film Studios ... fully customizable transition pack made specifically for ... users total control over 30 transition presets built exclusively ... Film Studios. “TransFold Volume 2 gives endless possibilities to ... 2 from Pixel Film Studios brings back folding screen ...
(Date:2/28/2015)... (PRWEB) February 28, 2015 The World ... and learning materials to potential EMTs and firefighters, recently ... Bitcoins as a way to raise charitable donations for ... in Medellin, Columbia, will be held on March 29, ... run will begin at 3:30 p.m. , To ...
(Date:2/28/2015)... 2015 1Heart Caregiver Services CEO ... brand at Houston Texas Franchise Expo South and ... its executive delegates headed by Vice-President of Operations ... Training Randolph Clarito. , Franchise Expo South, sponsored ... February 4-7 and featured Franchise brands of every ...
Breaking Medicine News(10 mins):Health News:Dr. David Ellis Featured In Elevate Magazine 2Health News:Mercy Harvard Hospital Recognized as Leader in Stroke Care - Javon Bea 2Health News:Announcing a New TransFold Transition Pack from Pixel Film Studios for Final Cut Pro X Professionals 2Health News:Bitcoin Run Is The World Scout League Commission’s Newest Project for Charity 2Health News:1Heart Caregiver Services Showcases Emerging Brand at Franchise Expo South and IFA Annual Convention 2Health News:1Heart Caregiver Services Showcases Emerging Brand at Franchise Expo South and IFA Annual Convention 3
... (HealthDay News) -- Children born to mothers with postpartum depression ... hormone called oxytocin may reduce the risk, according to a ... body and has been associated with feelings of love and ... maternal depression, the researchers found. A synthetic version of the ...
... HealthDay Reporter , FRIDAY, Dec. 9 (HealthDay News) ... more form of entertainment. But for Katie Sweeney and her ... celebration. "It was absolute redemption," said Sweeney, recalling the ... Dylan, and 14-year-old son Dusty -- who has autism -- ...
... Centre for Reviews and Dissemination (CRD) at the University ... Health is a new online service provided by the ... National Library of Medicine (NLM) the world,s largest ... of selected systematic reviews and also provides information for ...
... GREENVILLE, S.C. From their fourth-floor state-of-the-art laboratory in ... University bioengineering scientists and students help keep the feet ... new facility, which opens this week, houses one of ... hip, knee and other artificial joints that were removed ...
... mobility of registered nurses (RNs) recently published in the December ... lack of mobility has serious implications for access to health ... studypart of the RN Work Project funded by the Robert ... RNs work within 40 miles of where they attended high ...
... a certain form of inherited hearing loss have ... a study by Professor Thomas Jentsch of the ... Molecular Medicine (MDC) Berlin-Buch and Professor Gary Lewin ... Spain and Nijmegen, the Netherlands. The research findings, ...
Cached Medicine News:Health News:'Love Hormone' May Buffer Kids From Mom's Depression 2Health News:Broadway Strikes an Autism-Friendly Chord 2Health News:Broadway Strikes an Autism-Friendly Chord 3Health News:Broadway Strikes an Autism-Friendly Chord 4Health News:Clemson University opens bioengineering research lab at Greenville hospital campus 2Health News:Clemson University opens bioengineering research lab at Greenville hospital campus 3Health News:New registered nurses' lack of geographic mobility has negative implications for rural health 2Health News:New registered nurses' lack of geographic mobility has negative implications for rural health 3Health News:People with DFNA2 hearing loss show increased touch sensitivity 2Health News:People with DFNA2 hearing loss show increased touch sensitivity 3
(Date:2/27/2015)... 27, 2015 Pharmaceutical and biotech marketers are ... for the same indication. This can be a complex ... prevent one of their brands from gaining market share ... recent research by benchmarking firm, Best Practices, LLC, 75% ... rather than together as part of a franchise. Marketers ...
(Date:2/27/2015)... Feb. 27, 2015 WuXi PharmaTech (Cayman) Inc. ... platform company serving the pharmaceutical, biotechnology, and medical device ... and the United States , congratulates ... from the U.S. FDA for ibalizumab (TMB355). The FDA ... is intended, alone or in combination with one or ...
(Date:2/27/2015)... 27, 2015  Pharmacyclics, Inc. (NASDAQ: ... study published in the Proceedings of the ... that showed when ibrutinib (IMBRUVICA ® ) was ... suppression of tumor growth was enhanced suggesting a ... hematologic cancers and solid tumors with the combination. ...
Breaking Medicine Technology:New Report Details How to Expand a Pharmaceutical Product Portfolio without Cannibalizing an Established Brand 2WuXi Congratulates TaiMed Biologics on Receiving Breakthrough Therapy Designation from U.S. FDA 2In Pre-Clinical Studies Ibrutinib Enhances Anti-tumor Activity When Combined With An Anti-PD-L1 Antibody 2In Pre-Clinical Studies Ibrutinib Enhances Anti-tumor Activity When Combined With An Anti-PD-L1 Antibody 3In Pre-Clinical Studies Ibrutinib Enhances Anti-tumor Activity When Combined With An Anti-PD-L1 Antibody 4In Pre-Clinical Studies Ibrutinib Enhances Anti-tumor Activity When Combined With An Anti-PD-L1 Antibody 5In Pre-Clinical Studies Ibrutinib Enhances Anti-tumor Activity When Combined With An Anti-PD-L1 Antibody 6In Pre-Clinical Studies Ibrutinib Enhances Anti-tumor Activity When Combined With An Anti-PD-L1 Antibody 7In Pre-Clinical Studies Ibrutinib Enhances Anti-tumor Activity When Combined With An Anti-PD-L1 Antibody 8In Pre-Clinical Studies Ibrutinib Enhances Anti-tumor Activity When Combined With An Anti-PD-L1 Antibody 9
... Oct. 12 AvMed Health Plans announced that ... its fully insured members. Co-pays, co-insurance and deductibles will not ... have a benefit plan that does not include immunizations. ... our members and we want to ensure that the H1N1 ...
... DALLAS, Oct. 12 Aprima Medical Software ... health record (EHR) and practice management (PM) systems for ... selected Aprima for its 10-provider practice located in Bend, ... the practice made the decision after a positive experience ...
Cached Medicine Technology:AvMed Covers H1N1 Flu Vaccine For Members 2Aprima's EHR Helps Bend Urology Associates Improve Efficiency, Workflow 2Aprima's EHR Helps Bend Urology Associates Improve Efficiency, Workflow 3
Includes conservation device, standard cannula, batteries and instruction booklet....
... The Forceps are designed to grasp ... mechanism which is useful for adjusting ... the blades are closed, the tips ... and Adjuster are designed to fine ...
... Ultra Micro Shafts For Insertion Through ... For Light-Weight ... ,Curved Shafts For A More Comfortable Approach., ... ,Protective Cap Supplied For Protection Of Jaws ...
A Combination Fixation Ring With A Platform Provides A Physiologically Spherical And Low-Reflective Smooth Surface To Place A Reflected Flap For Undersurface Laser Ablation Of The Posterior Flap....
Medicine Products: