Sector: Healthcare | Industry: Pharmaceuticals |
See Regulatory Filings on SEC |
Company Contact | |
Address: | 5401 West Kennedy Boulevard, Suite 890 TAMPA FL 33609 |
Tel: | 1-973-4514030 |
Website: | https://www.pacira.com |
IR: | See website |
Key People | ||
Frank D. Lee Chief Executive Officer, Director | Roy Winston Chief Medical Officer and Orthopedic Franchise | Charles A. Reinhart Chief Financial Officer |
Max Reinhardt President - Rest of World | Daryl Gaugler Chief Operating Officer | Kristen Williams Chief Administrative Officer, Secretary |
Anthony Molloy Chief Legal and Compliance Officer | Ronald Ellis Chief Strategy Officer | Dennis Mcloughlin Chief Customer Officer | Jonathan Slonin Chief Clinical Officer |
Business Overview |
Pacira BioSciences, Inc. is a holding company for Pacira Pharmaceuticals, Inc. The Company's non-opioid treatments include EXPAREL (bupivacaine liposome injectable suspension), which is a long-acting, local analgesic for postsurgical pain management; ZILRETTA (triamcinolone acetonide extended-release injectable suspension), which is an extended-release, intra-articular (IA), corticosteroid injection indicated for OA knee pain, and Iovera, which is a novel handheld device for delivering immediate, long-acting, drug-free pain control using precise, controlled doses of cold temperature to a targeted nerve. EXPAREL is used across multiple orthopedic procedures, including joint reconstruction, shoulder, spine, extremity procedures, and hip fractures. It is developing interventions to address debilitating conditions involving the sympathetic nervous system, such as cardiac electrical storm, chronic pain. Its clinical development programs include PCRX-201, and pMVL-Based Clinical Program. |
Financial Overview |
For the fiscal year ended 31 December 2023, Pacira Biosciences Inc revenues increased 1% to $675M. Net income increased from $15.9M to $42M. Revenues reflect ZILRETTA segment increase of 5% to $111.1M, iovera segment increase of 29% to $19.7M. Net income benefited from Other Non Rec I/E - Non Business Activ decrease from $26.1M (expense) to $0K, Contractual interest expense decrease of 46% to $20.1M (expense). |
Employees: | 711 as of Dec 31, 2023 |
Reporting Currency: | U.S. Dollars |
Enterprise value: | $1,458M as of Dec 31, 2023 |
Annual revenue (TTM): | $674.98M as of Dec 31, 2023 |
EBITDA (TTM): | $162.95M as of Dec 31, 2023 |
Net annual income (TTM): | $41.96M as of Dec 31, 2023 |
Free cash flow (TTM): | $139.49M as of Dec 31, 2023 |
Net Debt Last Fiscal Year: | $243.86M as of Dec 31, 2023 |
Shares outstanding: | 46,500,778 as of Feb 26, 2024 |
Index Membership: | S&P 600 Small Cap |
TTM: Trailing Twelve Months EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization |