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Pacira Pharmaceuticals Implements Workforce Reduction for Efficiency

Story Highlights
  • Pacira reduced its workforce by 71 employees due to improved manufacturing efficiencies.
  • The company expects annual operating expense savings of $13 million from this reduction.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Pacira Pharmaceuticals Implements Workforce Reduction for Efficiency

Elevate Your Investing Strategy:

An announcement from Pacira Pharmaceuticals ( (PCRX) ) is now available.

On July 9, 2025, Pacira BioSciences, Inc. implemented a workforce reduction at its San Diego Science Center Campus due to improved manufacturing efficiencies for EXPAREL, resulting from investments in large-scale manufacturing suites. This decision led to the decommissioning of a 45-liter manufacturing suite and affected 71 employees, approximately 8% of the workforce. The company anticipates recognizing pre-tax charges of $2.4 million to $2.8 million related to employee termination benefits and expects an annual reduction in operating expenses of approximately $13 million. The move reflects Pacira’s strategic focus on optimizing production capacity and cost structure to support growing demand for its products.

The most recent analyst rating on (PCRX) stock is a Hold with a $26.00 price target. To see the full list of analyst forecasts on Pacira Pharmaceuticals stock, see the PCRX Stock Forecast page.

Spark’s Take on PCRX Stock

According to Spark, TipRanks’ AI Analyst, PCRX is a Neutral.

The overall score is primarily impacted by strong earnings call sentiment and strategic initiatives, offset by poor technical analysis and valuation metrics. Financial performance is stable, but high leverage and profitability challenges remain.

To see Spark’s full report on PCRX stock, click here.

More about Pacira Pharmaceuticals

Pacira BioSciences, Inc. operates in the pharmaceutical industry, focusing on non-opioid pain management solutions. Its primary products include EXPAREL, a bupivacaine liposome injectable suspension, ZILRETTA, and iovera°. The company is committed to advancing non-opioid pain management and has invested in large-scale manufacturing to meet growing demand.

Average Trading Volume: 704,458

Technical Sentiment Signal: Sell

Current Market Cap: $1.07B

For a thorough assessment of PCRX stock, go to TipRanks’ Stock Analysis page.

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