Lactel. DURECT Corporation to Sell its LACTEL® Absorbable Polymer Product Line to Evonik for $15 Million

RESOMER® AND LACTEL® PORTFOLIO OF EXCIPIENTS FOR PARENTERAL CONTROLLED RELEASE

A range of characteristics can be tailored including monomers, polymer composition and microstructure, particle size distribution, end groups, molecular weight, and inherent viscosity IV. Other referenced trademarks belong to their respective owners.

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RESOMER® AND LACTEL® PORTFOLIO OF EXCIPIENTS FOR PARENTERAL CONTROLLED RELEASE

Both are supplied from modern, established manufacturing sites in the U.

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Lactel

Evonik goes far beyond chemistry to create innovative, profitable and sustainable solutions for customers. The RESOMER® and LACTEL® portfolios provide an industry-leading selection of functional excipients for parenteral controlled release.

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France’s No.1 milk brand Lactel now in India and ready to take the dairy market by storm

We would like to have a market share of 5 per cent 30-40,000 litres a day in the next two years in this segment. We have confidence that Evonik will apply its resources and commitment to excellence to enable the LACTEL product line and supporting team members to thrive," said James E. En 2014, la marque Lactel a lancé une large gamme de desserts lactés longue conservation pour les marchés internationaux.

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LACTEL, Number 1 in milk in France

For more than 50 years, Lactel has been developing innovative products: 1st player to launch a UHT milk bottle to be recycled, Lactel offers a range of classic milk and milk adapted to special needs: easy to digest milk, organic milk or flavored milk. Disclaimer In so far as forecasts or expectations are expressed in this press release or where our statements concern the future, these forecasts, expectations or statements may involve known or unknown risks and uncertainties.

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France’s No.1 milk brand Lactel now in India and ready to take the dairy market by storm

Lactel Industry Lactel is a brand of company specializing in organic milk products.

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Accueil

One late-stage product candidate in this category is POSIMIR® bupivacaine sustained-release solution , an investigational locally-acting, non-opioid analgesic intended to provide up to three days of continuous pain relief after surgery. Further information regarding these and other risks is included in DURECT's Form 10-Q filed on November 3, 2020 under the heading "Risk Factors.

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France’s No.1 milk brand Lactel now in India and ready to take the dairy market by storm

RESOMER® - your brand of choice for customization The of includes Poly lactide and Poly lactide-co-glycolide polymers with a variety of high and low molecular weights and monomer compositions which can be selected to help tune degradation times over durations of up to 18 months. We wish all of our LACTEL colleagues the very best going forward. An offer will be extended to each of the 15 employees of DURECT located in Birmingham, Alabama, which are associated with the LACTEL® business to transition to Evonik.