Sign in

You're signed outSign in or to get full access.

Pacira BioSciences (PCRX)

Earnings summaries and quarterly performance for Pacira BioSciences.

Recent press releases and 8-K filings for PCRX.

Pacira BioSciences Discusses Product Portfolio, 5 by 30 Plan, and Pipeline at Conference
PCRX
Guidance Update
Share Buyback
New Projects/Investments
  • Pacira BioSciences projects over $700 million in revenue and a couple hundred million in adjusted EBITDA for the current year, having also repurchased $100 million worth of stock over the last couple of quarters.
  • The company's 5 by 30 Plan targets 10% CAGR top-line growth over the next five years, a 5% improvement in gross margin from 2024 levels, and aims for 3 million patients to benefit from its therapies by 2030.
  • The No Pain Act has been implemented, providing separate reimbursement for Exparel at ASP + 6 in outpatient settings for CMS patients, which is expected to reinvigorate growth.
  • Key pipeline developments include a registrational trial for ZILRETTA in OA of the shoulder with data expected mid-year, an interim readout for iovera in spasticity in the first half of next year, and the novel gene therapy PCRX-201 for OA of the knee, which has fully enrolled the first part of its Phase 2 trial and has RMAT designation.
Dec 2, 2025, 6:30 PM
Pacira BioSciences Provides Business and Pipeline Update
PCRX
Guidance Update
New Projects/Investments
Share Buyback
  • Pacira BioSciences anticipates generating north of $700 million in revenue and a couple hundred million in adjusted EBITDA this year, alongside $100 million in stock repurchases over recent quarters.
  • The company's "Five by 30 Plan" aims for 10% CAGR top-line growth over the next five years, a 5% improvement in gross margin compared to 2024 levels, and reaching 3 million patients by 2030.
  • EXPAREL is benefiting from the No Pain Act, which provides separate reimbursement at ASP + six for non-opioid pain therapeutics in outpatient settings for CMS patients.
  • Key pipeline updates include ZILRETTA's registrational trial for OA of the shoulder, which was expected to read out mid-2025, and the novel gene therapy PCRX-201's Phase II data readout anticipated approximately late 2026.
Dec 2, 2025, 6:30 PM
Pacira BioSciences Discusses Financial Outlook, Strategic Plan, and Pipeline Updates
PCRX
Guidance Update
New Projects/Investments
Revenue Acceleration/Inflection
  • Pacira BioSciences expects to generate north of $700 million in revenue and a couple hundred million in adjusted EBITDA this year, with a capital allocation strategy that includes share repurchases.
  • The company's "5 by 30 Plan" aims for 3 million patients benefiting from therapies by 2030, 10% CAGR top-line growth, and a 5% improvement in gross margin over the next five years compared to 2024 levels.
  • Key pipeline developments include a registrational trial for Zilretta in OA shoulder with data expected mid-2025, an interim readout for iovera in spasticity in the first half of 2026, and phase 2 data for PCRX-201 (gene therapy for OA knee) around late 2026.
  • The No Pain Act is expected to reinvigorate Exparel's growth by providing separate reimbursement at ASP + 6 for outpatient CMS patients.
Dec 2, 2025, 6:30 PM
Pacira BioSciences Files EXPAREL Patent Infringement Lawsuits
PCRX
Legal Proceedings
  • Pacira BioSciences has initiated patent infringement lawsuits against The WhiteOak Group, Inc. and Qilu Pharmaceutical (Hainan) Co., Ltd. concerning its drug EXPAREL®.
  • These lawsuits have triggered a 30-month stay of final FDA approval for the generic companies' Abbreviated New Drug Applications (ANDAs) under the Hatch Waxman Act.
  • EXPAREL is protected by 21 patents, with expiration dates extending to January 22, 2041, and July 2, 2044.
Nov 26, 2025, 9:01 PM
Pacira Provides 2025 Financial Outlook and Updates on Product Growth and Pipeline
PCRX
Guidance Update
Revenue Acceleration/Inflection
New Projects/Investments
  • Pacira projects 2025 revenue to be north of $700 million, around $750 million, with Exparel sales exceeding $500 million, and EBITDA expected to be around $200 million.
  • Exparel volume growth accelerated throughout 2025, with 3% in Q1, 6% in Q2, and 9% in Q3, driven by the "no pain" reimbursement catalyst for Medicare outpatient settings. The company expects over 100 million lives to be covered under no pain-like policies by year-end.
  • The company is advancing its pipeline, with PCRX-201, a gene therapy for osteoarthritis of the knee, having completed Phase 1 and fully enrolled Phase 2A, with top-line results anticipated by the end of 2026.
  • Gross margins have improved, historically around 76%, now guided to the 80s, due to the transition to a 200-liter manufacturing process for Exparel.
  • Pacira aims for a double-digit compounded annual growth rate and a five-point margin expansion by 2030 as part of its "5x30" strategic goals.
Nov 18, 2025, 1:30 PM
Pacira BioSciences Discusses 2025 Financial Outlook, Exparel Growth, and Pipeline Progress
PCRX
Guidance Update
Revenue Acceleration/Inflection
New Projects/Investments
  • Pacira BioSciences projects 2025 revenue to be north of $700 million, with Exparel sales exceeding $500 million, and EBITDA around $200 million.
  • Exparel's volume growth accelerated in 2025, with year-over-year increases of 3% in Q1, 6% in Q2, and 9% in Q3, driven by the "no pain" Medicare reimbursement catalyst, with expectations for double-digit sales growth in 2026.
  • The company is on track to achieve over 100 million lives covered by "no pain-like policies" by the end of 2025 and has improved gross margins from 76% to the 80s due to manufacturing process enhancements.
  • Pacira is advancing its pipeline with PCRX-201, a gene therapy for osteoarthritis of the knee, having fully enrolled its Phase IIA study with top-line results anticipated by the end of 2026.
Nov 18, 2025, 1:30 PM
Pacira BioSciences Stockholder Calls for Immediate Sale of Company
PCRX
M&A
Share Buyback
Executive Compensation
  • DOMA Perpetual Capital Management LLC, a significant stockholder with a 6.8% ownership stake in Pacira BioSciences, has urged the company's Board of Directors to immediately hire bankers and conduct a formal sale process for the business.
  • DOMA cites management's underperformance, out-of-control spending, and lack of prudent financial control as reasons, noting that executive stock-based compensation for full-year 2025 could amount to approximately 6% of Pacira's market capitalization.
  • The stockholder highlights a 2% year-over-year decline in Zilretta sales through Q3 and an increase of 3% year-over-year in revenues against 36% year-over-year R&D increase and 25% year-over-year SG&A increase as evidence of financial mismanagement.
  • DOMA estimates a potential sale valuation of approximately $2.7 billion, which could translate to around $66 per share or more, representing about three times the current stock price.
  • DOMA also recommends that the Board cut costs, put new M&A and development programs on hold, and use all free cash flow for buybacks, including completing the $300 million share repurchase and initiating a new one.
Nov 11, 2025, 1:09 AM
Pacira BioSciences Reports Q3 2025 Results and Updates 2025 Guidance
PCRX
Earnings
Guidance Update
Share Buyback
  • Pacira BioSciences reported Q3 2025 total revenue of $180 million, with Non-GAAP Gross Margins of 82% and Adjusted EBITDA of $49 million.
  • The company updated its 2025 financial guidance, revising total revenue to $725-735 million and Non-GAAP Gross Margins to 80-82%.
  • As part of its "5x30" strategy, Pacira is advancing its pipeline with 5 novel programs, including the in-licensing of AMT-143 for postsurgical pain, with Phase 2 expected to begin in 2026.
  • The EXPAREL franchise is protected by 21 Orange Book listed patents, providing exclusivity runways until January 2041 and July 2044.
  • Pacira executed an additional $50 million share repurchase in Q3 2025, with $200 million remaining under the current authorization.
Nov 6, 2025, 9:30 PM
Pacira Reports Q3 2025 Revenue Growth and Increased Gross Margin Guidance
PCRX
Earnings
Guidance Update
Revenue Acceleration/Inflection
  • Pacira reported a 6% year-over-year revenue increase in Q3 2025, with Exparel sales reaching $139.9 million and a 9% year-over-year volume increase. ZILRETTA and iovera also contributed with sales of $29.0 million and $6.5 million, respectively.
  • The company's non-GAAP gross margin improved to 82% in Q3 2025, leading to an increase in full-year 2025 gross margin guidance to 80%-82%. Adjusted EBITDA for the quarter was $49.4 million.
  • PCRX ended the quarter with approximately $246 million in cash and investments and repurchased $50 million of common stock, retiring approximately 2 million shares.
  • Strategic initiatives included advancing the 5x30 growth strategy, in-licensing AMT 143, concluding enrollment for Part A of the PCRX 201 Phase 2 study ahead of schedule, and listing the 21st Exparel patent. Full-year 2025 revenue guidance was narrowed to $725 million-$735 million.
Nov 6, 2025, 9:30 PM
Pacira BioSciences Reports Q3 2025 Financial Results and Updates Full-Year Guidance
PCRX
Earnings
Guidance Update
Share Buyback
  • Pacira BioSciences reported total revenues of $179.5 million for the third quarter of 2025, an increase from $168.6 million in the third quarter of 2024, driven by 9% EXPAREL volume growth.
  • The company achieved GAAP net income of $5.4 million, or $0.12 per share, in Q3 2025, compared to a GAAP net loss of $143.5 million, or $(3.11) per share, in Q3 2024.
  • Pacira updated its full-year 2025 guidance, narrowing total revenue to $725 million to $735 million (previously $730 million to $750 million) and increasing non-GAAP gross margin guidance to 80% to 82% (previously 78% to 80%).
  • During the third quarter of 2025, the company repurchased 2.0 million shares of common stock for $50.0 million, with $200.0 million remaining on its share repurchase authorization at September 30, 2025.
  • Key business developments include an exclusive worldwide license agreement for AMT-143 with a $5.0 million upfront payment and the issuance of a new EXPAREL patent (No. 12,370,142) in August 2025, which expires in July 2044.
Nov 6, 2025, 9:04 PM