DURECT Shares Soar After FDA Nod For Post-Surgical Pain Medication Posimir

  • The FDA has granted approval to DURECT Corporation's (NASDAQ: DRRX) POSIMIR (bupivacaine solution), a non-opioid, sustained-release local analgesic for the treatment of post-surgical pain following arthroscopic subacromial decompression surgery (a type of shoulder surgery), for up to 72 hours.
  • POSIMIR (bupivacaine solution) for infiltration use combines 660 mg of bupivacaine base with the SABER platform technology, enabling continuous sustained delivery of a non-opioid local analgesic over 3 days in adults. At the end of the surgery, POSIMIR is administered into the subacromial space under direct arthroscopic visualization.
  • The Company's management team will host a conference call today at 4:30 pm ET.
  • Price Action: DRRX shares gained 24.8% at $2.62 on the last check Tuesday.
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Posted In: BiotechNewsPenny StocksSmall CapFDAGeneralFDA Approval
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