DURECT Corporation Reports Third Quarter 2024 Financial Results and Provides Business Update
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DURECT Corporation has reported its third quarter 2024 financial results and provided a business update. The company is planning to initiate a Phase 3 trial for larsucosterol, with results expected within two years.
November 13, 2024 | 9:15 pm
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DURECT Corporation announced its Q3 2024 financial results and plans to start a Phase 3 trial for larsucosterol, with results expected in two years.
The announcement of a Phase 3 trial for larsucosterol is a significant development for DURECT Corporation, indicating potential future growth and progress in their product pipeline. This news is likely to positively impact the stock price in the short term as investors anticipate the trial's initiation and potential success.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100