other material
confidence high
sentiment positive
materiality 0.55
Pacira reports Nov 2022 preliminary net product sales of $57.5M; EXPAREL unit volumes up 4% YoY
Pacira BioSciences, Inc.
- EXPAREL net sales $46.0M (99% of Nov 2021); unit volumes 104% of Nov 2021; selling days flat at 20.
- ZILRETTA net sales $10.0M; iovera° net sales $1.5M (unchanged YoY).
- Expanded contracting and 340B pricing expected to drive volume growth and be accretive in 2023.
- No 2022 revenue or gross margin guidance provided due to COVID-19 and labor shortage uncertainty.
- Company continues monthly intra-quarter sales reporting until visibility improves.