Analyst Coverage

The following firms provide research coverage of DURECT:

Firm Analyst
B. Riley RBR
Mayank   Mamtani
Cantor Fitzgerald
Eliana   Merle
H.C. Wainwright
Ed   Arce
LifeSci Advisors
Patrick   Dolezal
-
David   Sherman
Oppenheimer
Francois   Brisebois
Roth
Elemer   Piros

DURECT Corporation is followed by the analysts listed above. Please note that any opinions, estimates or forecasts regarding DURECT Corporation's performance made by these analysts are theirs alone and do not represent opinions, forecasts or predictions of DURECT Corporation or its management. DURECT Corporation does not by its reference above or distribution imply its endorsement of or concurrence with such information, conclusions or recommendations.