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Stock Market & Financial Investment News

News Breaks
August 16, 2013
12:13 EDTPTIE, DRRXPain Therapeutics, DURECT up after Pfizer trial hits ClinicalTrials.gov
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News For PTIE;DRRX From The Last 14 Days
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October 28, 2014
07:35 EDTPTIE, DRRXDURECT price target liowered to $1.50 from $2.50 at Stifel
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October 27, 2014
16:36 EDTDRRX, PTIEOn The Fly: Closing Wrap
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09:02 EDTPTIEPain Therapeutics to host conference call
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08:15 EDTDRRX, PTIEPain Therapeutics to regain full rights to REMOXY
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08:08 EDTDRRX, PTIEDURECT reports Pfizer to discontinue agreement with Pain Therapeutics
DURECT (DRRX) reported today that Pfizer (PFE) announced that it has notified Pain Therapeutics (PTIE) that Pfizer has decided to discontinue its agreement to develop and commercialize REMOXY Extended-Release Capsules CII, an investigational extended-release oral formulation of oxycodone. Pfizer will return all rights, including responsibility for regulatory activities, to Pain Therapeutics. As a result, Pain Therapeutics has the rights to develop and commercialize REMOXY on its own or with an alternative licensee. Pain Therapeutics had the rights to develop and commercialize this product candidate under a license from DURECT.
08:02 EDTPTIEPfizer to discontinue agreement on REMOXY ER capsules CII
Pfizer Inc. (PFE) has notified Pain Therapeutics, Inc. (PTIE) that it has decided to discontinue its agreement to develop and commercialize REMOXY Extended-Release Capsules CII, an investigational extended-release oral formulation of oxycodone. Pfizer will return all rights, including responsibility for regulatory activities, to Pain Therapeutics, Inc. Pfizer has concluded an internal review of the top-line results of five recently completed clinical studies required to address the Complete Response Letter received in June 2011 from the U.S. Food and Drug Administration (FDA). Pfizer and Pain Therapeutics, Inc. will work together for an orderly transition of REMOXY to Pain Therapeutics, Inc. Pfizer will continue ongoing activities under the agreement for the next six months until the scheduled termination date. Pfizer supports the appropriate use of opioid pain medications, and believes that abuse-deterrent products are important to help address the growing public health problem of opioid abuse in the U.S.
08:00 EDTPTIEPain Therapeutics trading halted, pending news
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08:00 EDTDRRXDURECT trading halted, pending news

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