Biomd12
Posted - 5 hours ago
$DRRX Totally unacceptable to not even acknowledge the funding issue or discuss how they are thinking about funding a P3. I sent a note to IR mentioning this is totally unacceptable and nothing I've ever seen before from a public company. At least mention it and say "We are exploring all options for funding the p3 trial and will provide additional details as soon as possible."
udupisek
Posted - 6 hours ago
$DRRX It appears that the market is reacting positively this AM. FDA will soon give the verdict. Do or die for me . I will hang in. Not selling any.
Biomd12
Posted - 17 hours ago
$DRRX No mention of how they plan to keep the lights on over next 2+ years while they run a phase 3 and burn 100M. Classic.
MissBurns
Posted - 18 hours ago
$DRRX if you were on this afternoon’s earnings call. Ask yourself WHY wasn’t Brown able to answer any of the Analyst’s questions regarding the FDA or anything about the next steps. They are a direct conduit / mouthpiece to the market. And yet Brown tried to silence them time and time again this afternoon. With vague answers and dead ends.
If you think he’s doing that because he can’t say anything, you’re missing the point.
He chose not to because he does not want to be complicit and be put on the spot.
He continues to ride a false narrative that everything is fine. It is not fine because they are strapped for cash. They are running on fumes. Instead of aggressively marketing Larsucosterol to a potential successor, Brown continues to regurgitate the same script he’s been reading from the past. The past is over. Ask yourself what can he do NOW to provide shareholder value? I didn’t hear one plan of action today.
Did you?
Drrxgernbcrx
Posted - 20 hours ago
$DRRX I've around biotechnology long enough to read between the lines. Dr. Brown and more specifically Durect CAN'T say anything due to the repercussions it would have with the powers at hand (FDA). They are at their mercy. It's not what they are saying, it's how they're working to not say it. Delusional, we'll we'll see I guess. I'd say experienced...
doubleyou2
Posted - 21 hours ago
$DRRX ok, till the end of june then for more news... Maybe
DMONEY1337
Posted - 21 hours ago
$DRRX A lot of delusional folks still here. Phase 3 is a given. Brown would be sued to high heaven if FDA now granted accelerated approval. Brown was clear as he could be that a phase 3 is the path forward. Ill watch to see how they plan to fund this thing...
Drrxgernbcrx
Posted - 21 hours ago
$DRRX That was actual a GREAT call and here's why: 1. Dr. Brown went out of his way to not reveal ANYTHING in regard to the FDA. In other words, he's kissing the ring and pushing toward accelerated approval. 2. Talks with the FDA are on going. If it was on to phase 3 without consideration for approval, they would have just said that. 3. No talk of downsizing or reducing expenses. In other words, worst case scenario we have funding, financing, or a partnership we'll in hand. 4. No shares were sold thru the ATM to bolster the balance sheet which reinforces #3. There are no guarantees but reading the tea leaves, this was as positive as we could have hoped for....
bnjhnsn
Posted - 22 hours ago
$DRRX on a positive note, Tim Papp was on the ball enough to recite the Safe Harbor statement just moments before he lied through his teeth by saying that they had enough funding to get through 2024.
MissBurns
Posted - 22 hours ago
$DRRX how on earth can management sit there and say AHFIRM was a success?
Did I miss something because when I look at the current stock price it’s saying LOUD and CLEAR that it was a failure?
How on earth can Brown sit there and basically have nothing new to share?
FDA talks are ongoing…everyone will have to wait another 3 months to maybe get a crumb thrown at them.
Another trial? WITH WHAT MONEY?!?!?!
Zero mention of a partnership Zero mention of a buy out
Don’t tell me anymore about the “potential” Larsucosterol has. It’s dead in the water until someone else can get it far away from Brown.
bigbulldaddy
Posted - 22 hours ago
$DRRX I’m taking no news as good news. They have to guide for phase 3 or get sued. They can’t talk that new partnership. We are in a holding pattern for another quarter.
bnjhnsn
Posted - 22 hours ago
$DRRX it's been a long, long wait. ...for nothing. They should have simply said that we are not going to host a conference call
brunoq14
Posted - 22 hours ago
$DRRX Hey, enough cash to get through the end of the year!
brunoq14
Posted - 23 hours ago
$DRRX First impression negative. Mentions new Phase 3. No accelerated approval with confirmatory trial. $30M cash, '17M debt.
ld4
Posted - 23 hours ago
$DRRX I know we said we will update you in the 1st quarter after we spoke to the FDA but we spoke to them and its all pretty negative stuff, so I’m going to pretend we’ll update you in the 2nd quarter now.
DMONEY1337
Posted - 23 hours ago
$DRRX Gotta give it to Brown. The man has destroyed 99% of shareholder value over last 20 years and is still milking it for seven figure comp package. Bravo!
epsguid
Posted - 23 hours ago
$DRRX reported a loss of $0.27, consensus was ($0.36) via @eWhispers #epsbeat http://eps.sh/d/drrx
DonCorleone77
Posted - 23 hours ago
$DRRX Durect reports Q4 EPS (10c), consensus (33c) Reports Q4 revenue $2.7M, consensus $2.48M. "We remain enthusiastic about the improvement in 90-day mortality demonstrated in our Phase 2b AHFIRM clinical trial and are communicating with the FDA about the design of a confirmatory Phase 3 trial to support the potential approval of larsucosterol as a treatment for alcohol-associated hepatitis," stated James Brown, CEO. "Larsucosterol could be the first FDA-approved treatment to address AH, a highly lethal condition that results in approximately 158,000 hospitalizations in the U.S. annually with a 30% mortality rate at 90 days."
Stock_Titan
Posted - 23 hours ago
$DRRX DURECT Corporation Reports Fourth Quarter and Full Year 2023 Financial Results and Provides Business Update
https://www.stocktitan.net/news/DRRX/durect-corporation-reports-fourth-quarter-and-full-year-2023-1wgl0ti604yn.html
doubleyou2
Posted - 23 hours ago
$DRRX "Dear Shareholders, I wish to thank you for your understanding of the stupid moves i made a while ago, with the direct results : * an implosion of our stock price * a difficult situation to collect the needed cash through offerings * more and difficult conversations are needed and requested by the FDA Meanwhile I had the continuing pleasure of receiving my monthly wage, which isn't so bad. At last I want to stipulate that we, as a company, are on track to realise almost everything we had in mind in the coming years. There are opportunities. There are some conditions too, i have to admit : 1/ the FDA has to give the green light, and 2/ we are in urgently need for some new money. If we get 1/, i'll promise we'll get 2/ too. If there are no more questions, well, that was it for today. Hope to meet again next quarter. Jim Brown. " PS: Not financial advice. Just a bit sarcastic piece.
blucpa
Posted - 1 day ago
$DRRX probably a sell here before the news? Will we ever see the 1.30s again?
Biomd12
Posted - 1 day ago
$DRRX Maybe we will get an update on the Oncology program today! Haha. Hopeful Brown announces they are starting the bidding process to sell the company.
DMONEY1337
Posted - 1 day ago
$DRRX Someone needs to ask BiG Jim Bo Brown where the disconnect is... Multi billion dollar market opportunity, promising results and market says its basically worthless. If they can't secure funding and no one wants to buy the asset, something just isn't right here. JB may have played us all.
MissBurns
Posted - 2 days ago
$DRRX 2 more days til
“We are on track” to disclosing absolutely nothing about our meeting with the FDA. Thus leaving our devoted, long term investors in the dark about what our next course of action will be. But we have this incredible molecule and take a wrecking ball and destroy all shareholder value that is associated with it. - JB
2 more days til you can prove me right or wrong Brown is going to say hardly anything. If history repeats itself he will wait til the last possible second to disclose anything to the general public. Just like he has done historically. Good luck longs. Many of you I still have mad respect for as you are hanging in there. Time will tell of the remaining shares I do have just get blown up with Brown’s inability to throw a Hail Mary in the next few months. It will take a miracle. I’m neither bullish or bearish at this juncture, just indifferent which helps with the constant disappointments.
MissBurns
Posted - 5 days ago
$DRRX well at least they are off the NASDAQ no no list….
I can’t wait to hear JB spew some “on track” one liners on next week’s EC
Like:
We are “on track” to secure a suitable buy out partner.
We are “on track” to be unable to get enough financing for p3
We are “on track” to destroying all existing shareholders who have been loyal to us all these years.
We are “on track” to let Larscucosterol slip through our fingers time and time again.
We are “on track” to keep our existing useless board and upper management who have done nothing to instill shareholder value.
If I missed any “on track” bets please feel free to free to add some here…
Cocktails anyone? 🍸
bigbulldaddy
Posted - 1 week ago
$DRRX so literally nothing till end of March… probably have fda news in hand for that?
Stock_Titan
Posted - 1 week ago
$DRRX DURECT Corporation to Announce Fourth Quarter and Full Year 2023 Financial Results and Provide a Business Update
https://www.stocktitan.net/news/DRRX/durect-corporation-to-announce-fourth-quarter-and-full-year-2023-syl31bgz6gqj.html
bnjhnsn
Posted - 1 week ago
$DRRX 91k traded today. Mums the word...
Invest2live
Posted - 1 week ago
$DRRX 144% already; congrats 🎊🎈🎉 Check out $BTDR; similar potential
Invest2live
Posted - 1 week ago
$DRRX you will prevail; patience