Financial Performance & Growth Strategy - Pacira reported $701 million in revenue in 2024[10] - The company aims for double-digit compounded annual growth rate[15, 18] - Pacira anticipates a 5-percentage point gross margin improvement over 2024[15, 18] - First quarter of 2025 (1Q25) total revenue reached $169 million, with EXPAREL contributing $137 million, ZILRETTA $23 million, and iovera° $5 million[109] - Non-GAAP gross margins for 1Q25 were 81%, and adjusted EBITDA was $44 million[109] - Pacira's cash and investments exceeded $493 million as of March 31, 2025[109] Product Portfolio & Pipeline - Pacira has treated over 16 million patients with its three best-in-class products[10] - The company is expanding its clinical pipeline with 5 novel programs in development[15, 18] - Pacira is establishing 5 partnerships, including pipeline and commercial agreements[15, 18] PCRX-201 & Osteoarthritis (OA) Treatment - The global OA injectables market is projected to grow at a CAGR of 682% from 2024 to 2030[86] - PCRX-201 demonstrated that over 70% of patients saw a greater than 50% improvement in pain and stiffness vs baseline at week 16 and 78[75]
Pacira BioSciences (PCRX) Earnings Call Presentation