Catalyst

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FDA Approves DURECT's (DRRX) NDA for PERSERIS (risperidone), formerly known as RBP-7000, Extended-Release Injectable Suspension for the Treatment of Schizophrenia in Adults

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Impact on Stocks
DRRX

100%

Additional Information

Additional Relevant Details
On September 26, 2017, DURECT entered into a patent purchase agreement whereby DURECT has assigned to Indivior UK Limited, an affiliate of Indivior PLC, certain patents that may provide further intellectual property protection for PERSERIS. In consideration for such assignment, Indivior made an upfront non-refundable payment to DURECT of $12.5 million.
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Catalyst Date
Occurred on:
Jul 30, 2018
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Related Keywords Schizophrenia, Rbp-7000, Persersis, Risperidone