EXPAREL Volume Growth
EXPAREL performance improved with 6% year-over-year volume growth, marking the highest in 8 quarters.
Enhanced Gross Margins
Non-GAAP gross margin improved to 82% versus 76% last year, benefiting from manufacturing efficiencies.
Strategic Partnership with J&J MedTech
Pacira executed a potentially transformative collaboration with Johnson & Johnson MedTech for ZILRETTA, expected to double sales calls for the product.
Strong Financial Position
Enhanced capital structure and liquidity with a new $300 million revolver and significant debt reduction.
Successful Share Repurchase
Disciplined capital allocation with the repurchase of $50 million of common stock.