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Collegium Provides 2025 Financial Guidance and Business Update
COLLCollegium Pharmaceutical(COLL) GlobeNewswire·2025-01-08 13:00

Core Insights - Collegium Pharmaceutical, Inc. has announced its financial guidance for 2025, projecting product revenues between 735millionand735 million and 750 million, with adjusted EBITDA expected to be in the range of 435millionto435 million to 450 million, and adjusted operating expenses anticipated between 220millionand220 million and 230 million [1][6][4] Financial Guidance for 2025 - The company expects Jornay PM net revenue to exceed 135millionin2025,drivenbyitsstrategicfocusoncommercialexpansionandtargetedinvestmentsintheproduct[2][6]AdjustedEBITDAisprojectedtobebetween135 million in 2025, driven by its strategic focus on commercial expansion and targeted investments in the product [2][6] - Adjusted EBITDA is projected to be between 435 million and 450million,whileadjustedoperatingexpensesareexpectedtorangefrom450 million, while adjusted operating expenses are expected to range from 220 million to 230million[1][6]RecentBusinessHighlightsCollegiumcompletedtheintegrationofIronshoreTherapeuticsandsawanincreaseinaverageweeklyprescriptionsforJornayPMduringthe2024backtoschoolseason[6]Thecompanyrepurchased230 million [1][6] Recent Business Highlights - Collegium completed the integration of Ironshore Therapeutics and saw an increase in average weekly prescriptions for Jornay PM during the 2024 back-to-school season [6] - The company repurchased 60 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]