COVID Stimulus Watch Individual Entry

Note: this award was refunded

Recipient Company:
DURECT Corporation
Loan or Loan Guarantee Amount:
$2,037,395

Recipient Details

Ownership Structure: publicly traded (ticker symbol DRRX)

Award Details

Award Date: Apr 19, 2020
Award Type: loan
Award Details: The company later said it would return the money: https://www.sec.gov/Archives/edgar/data/1082038/000156459020021010/drrx-...
Program Name: Paycheck Protection Program ($150,000 and up)
Awarding Agency: Small Business Administration
Data Source for Award:
https://www.sec.gov/Archives/edgar/data/1082038/000156459020018263/drrx-...

Parent Company Data

Parent Company: DURECT Corporation
Headquartered in: California
Parent Sector: pharmaceuticals
Parent Industry: biopharmaceuticals
Employees (prior to pandemic): 90

Accountability Issues Since 2010

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CEOpay icon
Ratio of CEO Pay to that of Median Worker: 8 to 1
CEO Compensation: $1,064,696
Worker Median Pay: $138,531
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Details on Accountability data sources