DURECT, based in Cupertino, California, develops investigational therapies, including Larsucosterol for alcohol-associated hepatitis. Its FDA-approved products include POSIMIR and PERSERIS, while employing 48 staff since its 2000 IPO.
Durect (DRRX) reported a positive EPS surprise in its most recent quarterly earnings. For the most recent quarter, Durect's actual EPS was -$0.07, beating the estimate of -$0.12 per share, resulting in a 42.81% surprise.
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