Pain Therapeutics and DURECT Corporation Announce Exclusive Agreement to Formulate Certain Long-Acting Opioid Drugs
SOUTH SAN FRANCISCO, Calif. and CUPERTINO, Calif., Jan. 14 /PRNewswire- FirstCall/ — Pain Therapeutics, Inc. (Nasdaq: PTIE) and DURECT Corporation (Nasdaq: DRRX) today announced they have signed an exclusive licensing agreement to formulate certain long-acting opioid drugs. Opioid drugs, sometimes called ‘narcotic painkillers,’ are widely used to treat moderate to severe pain. In the U.S., […]