Core Insights - Collegium Pharmaceutical, Inc. has announced its financial guidance for 2025, projecting product revenues between 735millionand750 million, with adjusted EBITDA expected to be in the range of 435millionto450 million, and adjusted operating expenses anticipated between 220millionand230 million [1][6][4] Financial Guidance for 2025 - The company expects Jornay PM net revenue to exceed 135millionin2025,drivenbyitsstrategicfocusoncommercialexpansionandtargetedinvestmentsintheproduct[2][6]−AdjustedEBITDAisprojectedtobebetween435 million and 450million,whileadjustedoperatingexpensesareexpectedtorangefrom220 million to 230million[1][6]RecentBusinessHighlights−CollegiumcompletedtheintegrationofIronshoreTherapeuticsandsawanincreaseinaverageweeklyprescriptionsforJornayPMduringthe2024back−to−schoolseason[6]−Thecompanyrepurchased60 million in shares as part of its $150 million share repurchase program [6] Company Strategy - Collegium aims to build a diversified biopharmaceutical company focused on improving the lives of individuals with serious medical conditions, with a leading portfolio in pain management and a new presence in neuropsychiatry through Jornay PM [5][2] - The company is committed to disciplined capital deployment to create long-term shareholder value while maximizing performance across its entire portfolio [2][5]