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TICKERS: DRRX

Biopharma Presents Data on Alcoholic Hepatitis Therapeutic at Liver Meeting
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The company intends to follow up in 2020 with a Phase 2b clinical trial.

DURECT Corp. (DRRX:NASDAQ) announced in a news release that its abstract concerning results from its recently completed Phase 2a study of DUR-928 in patients with alcoholic hepatitis was chosen to be presented orally at The Liver Meeting 2019's late breaking session. Dr. Tarek Hassanein, one of the Phase 2a trial's principal investigators, gave the presentation.

"These compelling data provide strong rationale for continued development, and we plan to initiate a Phase 2b study for this difficult to treat and life threatening condition next year," President and CEO James E. Brown said in the release.

DURECT's abstract, along with 28 other late breaking ones, was picked for presentation from 3,000 entries.

Separately, Dr. Craig McClain presented in a poster session a comparison of data from the Phase 2a clinical trial of DUR-928 and those from a control group in an alcoholic hepatitis trial done at the University of Louisville.

The company's study results also were chosen to be included in the "Best of The Liver Meeting" summary slide presentation in the alcohol-related liver disease category. The Liver Meeting, the American Association for the Study of Liver Diseases' annual conference, was held Nov. 8 to 12, 2019, in Boston, Mass.

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