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Pacira Pharma (PCRX) Achieves Primary and Key Secondary Endpoints in Phase 4 CHOICE Study in Cesarean Section Patients

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Pacira Pharma (PCRX) Reports Prelim. Q4 & FY19 Revenue Above Consensus

January 9, 2020 7:34 AM EST

Pacira BioSciences, Inc. (NASDAQ: PCRX), a leading provider of innovative non-opioid pain management options, today reported preliminary unaudited net revenue of $421.0 million for 2019, a 25% increase compared with net revenue of $337.3 million reported for 2018. Preliminary fourth quarter net revenues were $122.4 million in 2019, as compared with $95.1 million in 2018.

2019 was a year of outstanding results led by strong EXPAREL® (bupivacaine liposome injectable suspension) revenue growth as it becomes a critical mainstay of anesthesiologists opioid-sparing strategies for a wide range of soft tissue and orthopedic procedures. In addition, we successfully advanced the initial commercial rollout... More