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Home > Company Index > Drugs > Drug Delivery > DURECT Corporation

DURECT Corporation
Nasdaq: DRRX
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 PROFILE
DURECT Corporation wants your medicine to go DURECTly where it's needed. The company is developing drug-delivery systems that provide long-term therapy for conditions such as chronic pain, cancer, diabetes, and arthritis. Its DUROS technology, licensed from ALZA, incorporates a reservoir and pump about the size of a matchstick implanted under the skin, with catheters attached to the affected organ. Tiny doses of potent medicine are dispensed regularly for up to a year, replacing the need for injections or daily oral doses. In 1999 DURECT bought InterEAR, which makes fluid-control catheters for the ear membrane. ALZA owns about 16% of DURECT, which has purchased Southern BioSystems.

 COMPETITION
Alkermes, Inc. (ALKS)
Genetronics Biomedical Corporation (GEB)
Medtronic, Inc. (MDT)

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 FINANCIAL OVERVIEW
Fiscal Year-End: December
2000 Sales (mil.): 3.20
1-Yr. Sales Growth: 3,620.9%
Employees: 62
Revenue per employee: $51,612.90

 KEY PEOPLE
• James E. Brown
    CEO
• Thomas A. Schreck
    CFO

 CONTACT INFO
10240 Bubb Rd.
Cupertino, CA 95014
US
Phone: 408-777-1417
Fax: 408-777-3577
Online: Web Site

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