Wing Yip's questions to DURECT (DRRX) leadership • Q4 2024
Question
Wing Yip of H.C. Wainwright, asking on behalf of Ed Arce, questioned if DURECT would consider a smaller, more rigorous Phase IIb study to confirm larsucosterol's efficacy and also asked about opportunities for non-dilutive funding from ex-U.S. regional partnerships.
Answer
Executive James Brown explained that the planned Phase III trial is already designed to be very tightly controlled, making another Phase IIb study less efficient and more costly than proceeding directly to Phase III. Executive Norman Sussman added that the previous trial's two active arms provided robust data, supporting a direct move to Phase III. Regarding ex-U.S. funding, Brown stated that while the company's sole focus is on the AH program, they would consider a regional study with an ex-U.S. partner.