{"schema_version":"secwatch.filing_event.v1","accession":"0001396814-25-000093","form_type":"8-K","ticker":"PCRX","cik":"0001396814","company_name":"Pacira BioSciences, Inc.","filed_at":"2025-07-10T23:59:59+00:00","discovered_at":"2026-05-14T18:02:43.883927+00:00","generated_at":"2026-05-18T08:43:32.647564+00:00","sec_items":["2.05","7.01","9.01"],"event_type":"other_material","sentiment":"negative","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"high","headline":"Pacira BioSciences cuts 71 jobs (8% of workforce); decommissions 45-liter EXPAREL suite in San Diego","bullets":["Workforce reduction of 71 employees (~8% of total) from Technical Operations at San Diego Science Center Campus.","Pre-tax charges of $2.4M-$2.8M in Q3 2025 for employee termination benefits, plus $5.4M accelerated depreciation.","Decommissioning 45-liter manufacturing suite after bringing two larger 200+ liter suites online in San Diego and Swindon, UK.","Expects annual operating expense savings of ~$13 million from the reduction in force.","New large-scale suites produce bulk EXPAREL volumes approximately four-fold greater per batch, improving gross margins."],"urls":{"canonical":"https://secwatch.observer/filing/0001396814-25-000093","json":"https://secwatch.observer/filing/0001396814-25-000093.json","markdown":"https://secwatch.observer/filing/0001396814-25-000093.md","text":"https://secwatch.observer/filing/0001396814-25-000093.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1396814/000139681425000093/0001396814-25-000093-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1396814/000139681425000093/pcrx-20250709.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-18T08:43:32.647564+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"d8e90e3ca6a9e0252f5da1dba783566431383a36","claim":"Pacira BioSciences, Inc. announced a restructuring with charges of approximately $2.4 million to $2.8 million affecting Science Center Campus in San Diego, California (71 employees or approximately 8% of the Company’s total workforce).","evidence_excerpt":"8% of the Company’s total workforce. The Company currently estimates that it will recognize pre-tax charges to its third quarter 2025 financial results of approximately $2.4 million to $2.8 million related to employee termination benefits, consisting of garden leave and severance, healthcare benefits, and, to a lesser extent, other one-time termination","evidence_source":"SEC 8-K Item 2.05/2.06","evidence_url":"https://www.sec.gov/Archives/edgar/data/1396814/000139681425000093/0001396814-25-000093-index.htm","confidence":0.9,"family_label":"Restructurings & Charges","details":[{"label":"Type","value":"restructuring"},{"label":"Charge","value":"approximately $2.4 million to $2.8 million"},{"label":"Affected area","value":"Science Center Campus in San Diego, California"},{"label":"Headcount","value":"71 employees or approximately 8% of the Company’s total workforce"}],"fact_type":"restructuring_charge"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}