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DURECT Corporation Announces First Quarter 2013 Financial Results and Update of Programs
Date:5/2/2013

isperidone product, which achieved $1.4 billion in global net sales in 2012, requires twice-monthly, intramuscular injections and drug reconstitution prior to use. 
  • Feasibility Projects and Other Activities.   During the first quarter of 2013, we continued work on several feasibility projects as a means of demonstrating that our technologies can achieve the drug delivery objectives set forth by our collaborators and are worthy of further development.  The Zogenix program, described above, was one such project which has matured into a development and license agreement.
  • Business Development Activities.  We have multiple programs that may potentially be licensed over the next 12-18 months.  These include POSIDUR, TRANSDUR-Sufentanil, ELADUR, ORADUR-ADHD (territories outside certain Asian and South Pacific markets), as well as various internal programs which we have not described publicly in detail.
  • Upcoming Investor Presentation.  DURECT will be presenting at the Marcum 2013 MicroCap Conference in New York City on Thursday, May 30 at 10:30 a.m. Eastern time at the Grand Hyatt Hotel.  A live webcast of the presentation will be available by accessing http://wsw.com/webcast/marcum/drrx/ or by accessing DURECT's homepage at www.durect.com and clicking "Investor Relations."  If you are unable to participate during the live webcast, the call will be archived on DURECT's website under Audio Archive in the "Investor Relations" section.
  • Earnings Conference Call
    A live audio webcast of a conference call to discuss first quarter 2013 results will be broadcast live over the internet at 4:30 p.m. Eastern Time on May 2 and is available by accessing DURECT's homepage at www.durect.com and clicking "

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