Durect Corp (NAS:DRRX)

$ 1.06 -0.07 (-6.19%) Market Cap: 32.90 Mil Enterprise Value: 23.96 Mil PE Ratio: 0 PB Ratio: 2.18 GF Score: 52/100

Q1 2020 DURECT Corp Earnings Call Transcript

May 11, 2020 / 08:30PM GMT

Release Date Price: $22.5 (+1.35%)

Transcript 10-Q8-K

Operator

Greetings and welcome to the DURECT Corporation First Quarter 2020 Results Conference Call. (Operator Instructions) As a reminder, this conference is being recorded.

It is now my pleasure to introduce your host, Mr. Mike Arenberg, Chief Financial Officer. Thank you. Mr. Arenberg, you may begin.

Michael H. Arenberg

DURECT Corporation - CFO & Secretary

Thank you. Good afternoon, and welcome to our First Quarter 2020 Earnings Conference Call. This is Mike Arenberg, Chief Financial Officer of DURECT Corporation. I will provide a brief review of our financial results and then Jim Brown, our President and CEO, will provide an update on our programs. We will then open up the call for a question-and-answer session.

Before beginning, I would like to remind you of our safe harbor statement. During the course of this call, we may make forward-looking statements regarding DURECT's products in development, expected product benefits, our development plans, future clinical trials or projected financial results. These forward-looking statements involve

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