Matt Hogan | Chief Financial Officer |
Jim Brown | President and Chief Executive Officer |
Matt McLaughlin | H.C. Wainwright |
Adam Walsh | Stifel Nicolaus |
Francois Brisebois | Laidlaw & Company |
Len Yaffe | StockDoc Partners |
Greetings, and welcome to DURECT Corporation conference call. At this time, all participants are in a listen-only mode. A question-and-answer session will follow the formal presentation. [Operator Instructions] As a reminder, this conference is being recorded. I would now like to turn the conference over to your host, Matt Hogan.