Collegium Pharma (COLL) Misses Q3 EPS by 16c

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Collegium Reports Third Quarter Financial Results

November 8, 2018 4:05 PM EST

Net Product Revenues were $70.2 million for the third quarter of 2018, a 487% increase versus third quarter of 2017Thirteen exclusive ER oxycodone formulary wins announced for Xtampza ER effective January 1, 2019Cash increased by $6.0 million, to $139.8 million as of September 30, 2018; raising year-end cash guidance to $145.0 millionCommercialization Agreement for Nucynta franchise amended to remove guaranteed annual minimum royalty and improves net cash flow for the transaction Conference call scheduled for today at 4:30 p.m. ET

STOUGHTON, Mass., Nov. 08, 2018 (GLOBE NEWSWIRE) -- Collegium Pharmaceutical, Inc. (Nasdaq:... More