DURECT Corp - Company Profile
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DURECT Corp (Durect) is a biopharmaceutical company that develops pharmaceutical systems based on its proprietary drug delivery platform technologies for the treatment of chronic debilitating diseases. The company’s proprietary drug delivery technology platforms, partnerships and increased working capital provides it an edge over its competitors and strengthen its sales, even as a history of loses could be causes for concern. A strong product pipeline, rising healthcare expenditure in the US and growing global medicines market could present ample growth opportunities to the company. However, intense competition, and stringent regulations could affect Durect’s business, operating results and financial condition.
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