DRRX – DURECT PDUFA RBP-7000 & Remoxy

When:
July 27, 2018 @ 11:49 am – August 7, 2018 @ 12:49 pm
2018-07-27T11:49:00-04:00
2018-08-07T12:49:00-04:00

DRRX – DURECT Corporation has 2 upcoming PDUFA dates for RBP-7000 & Remoxy.

RBP-7000 FDA has set a PDUFA (Prescription Drug User Fee Act) target action date of July 28, 2018. Indivior UK Limited has a agreement with SELB for this product, and has paid certain upfront fees.

Remoxy will most likely not get FDA approval on 08/07/2018 as it has been voted down by the panel https://stocksnewsfeed.com/pain-durect-plunge-as-fda-committee-votes-against-remoxy-er/ Remoxy has also had several previous CRL.

$.28/share with 155.29/m float. Not sure this is going to move much but it could move into the $2 range with the upcoming PDUFA dates. No insider buying, just options exercised.