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TICKERS: DRRX

Dosing Begins for California Biopharma's Proof-of-Concept Trial in Plaque Psoriasis
News Update

Source:

This U.S. study follows encouraging results from a Phase 1b trial in the same indication in Australia.

DURECT Corp. (DRRX:NASDAQ)) announced in a news release that dosing began for its Phase 2a trial evaluating topical DUR-928 as a treatment for mild to moderate plaque psoriasis. Twenty patients will be enrolled across multiple U.S. sites.

This is a significant milestone for the company with respect to DUR-928, as it aims to "produce data with the potential to create significant commercial and partnering value," President and CEO James Brown said in the release.

In this randomized, double-blind study, patients will, once a day, apply DUR-928 to the plaque on one arm and the vehicle to similar plaque on their other arm, for four weeks. After the treatment period ends, patients will be followed for four weeks. The primary efficacy endpoint will be change in local psoriasis scores from baseline of the plaque treated with DUR-928 versus that of the plaque treated with the vehicle.

DURECT expects to announce topline data from this proof-of-concept trial in H2/19.

In other news, the company will host a conference call at 11 a.m. EST on March 29, 2019, in which Dr. Howard Maibach, professor of dermatology and practicing dermatologist at the University of California, San Francisco, will give an overview of psoriasis and the landscape for topical medications as a treatment for the condition. Also during the call, DURECT will review its development plan for DUR-928.

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Disclosure:
1) Doresa Banning compiled this article for Streetwise Reports LLC and provides services to Streetwise Reports as an independent contractor. She or members of her household own securities of the following companies mentioned in the article: None. She or members of her household are paid by the following companies mentioned in this article: None.
2) The following companies mentioned in this article are billboard sponsors of Streetwise Reports: DURECT Corp. Click here for important disclosures about sponsor fees.
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