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Durect Corp. (DRRX)

At 5:00AM SGT: 2.01 USD   0.00 (0.00%)  
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Durect Corp.
2 Results Way
Cupertino, CA 95014
Phone: 408-777-1417
Fax: 408-777-3577
Web Site: http://www.durect.com

 DETAILS 
Index Membership:N/A
Sector:Healthcare
Industry:Drug Manufacturers - Other
Employees (last reported count):125

 REUTERS ABRIDGED BUSINESS SUMMARY 
DURECT Corporation, a specialty pharmaceutical company, focuses on the development of pharmaceutical products for pain, central nervous system, disorders, cardiovascular disease, and other chronic diseases based on its proprietary drug formulations and delivery platform technologies. The company’s products include POSIDUR, a release formulation of bupivacaine under Phase IIb clinical trial, which is used for the treatment of post-surgical pain; and ELADUR, a transdermal bupivacaine patch under Phase IIb clinical trial that provides continuous delivery of bupivacaine for up to three days from a single application, as well as is used for the treatment of pain associated with post-herpetic neuralgia. It also offers Remoxy, an oral oxycodone gelatin capsule under development with pain therapeutics; and TRANSDUR-Sufentanil, a proprietary transdermal sufentanil patch under development, which provides continuous delivery of sufentanil for a period of up to seven days from a single application. In addition, the company offers CHRONOGESIC (sufentanil), a pain therapy system; and ALZET, the miniature implantable osmotic pumps and accessories for experimental research in mice, rats, and other laboratory animals, as well as conducts research and development of pharmaceutical products in collaboration with third party pharmaceutical and biotechnology companies. Further, it designs, develops, and manufactures various biodegradable polymers based on lactide, glycolide, and caprolactone under the LACTEL brand for pharmaceutical and medical device clients for use as raw materials in their products. The company has collaboration agreements with Alpharma Ireland Limited; Nycomed Danmark, APS; Pain Therapeutics, Inc.; Endo Pharmaceuticals Inc; Voyager Pharmaceutical Corporation; ALZA Corporation; EpiCept Corporation; and NeuroSystec Corporation. DURECT Corporation was founded in 1998 and is based in Cupertino, California.
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     OFFICERS 
     PayExercised
    Dr. Felix Theeuwes D.Sc., Ph.D., 72
    Co-Founder, Chairman and Chief Scientific Officer
    $ 489.00K $ 85.00K
    Dr. James E. Brown D.V.M., 53
    Co-Founder, Chief Exec. Officer, Pres
    $ 477.00K $ 0
    Mr. Matthew J. Hogan M.B.A, 50
    Chief Financial Officer and Principal Accounting Officer
    $ 281.00K $ 0
    Dr. Su Il Yum Ph.D, 71
    Exec. VP of Pharmaceutical Systems, R&D
    $ 316.00K $ 0
    Dr. Paula Mendenhall Pharm.D, 66
    Exec. VP of Operations & Admin.
    N/A N/A
    Dollar amounts are as of 31-Dec-08 and compensation values are for the last fiscal year ending on that date. "Pay" is salary, bonuses, etc. "Exercised" is the value of options exercised during the fiscal year.
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