Collegium Pharmaceutical Inc Stock Price, News & Analysis

Collegium Pharmaceutical (NASDAQ: COLL) has announced a $25 million Accelerated Share Repurchase (ASR) agreement with Jefferies LLC. This ASR is part of a larger $150 million share repurchase program authorized in January 2024, with $65 million remaining after this transaction. The company will receive an initial delivery of 692,281 shares at $28.89 per share, representing approximately 80% of expected total shares under the ASR.

The company reported strong Q1 2025 performance with 23% year-over-year revenue growth, driven by its pain portfolio and ADHD medicine Jornay PM®. The final settlement of the ASR is expected by Q3 2025, with the final share count based on volume-weighted average prices. As of March 31, 2025, Collegium had approximately 32.1 million shares outstanding.

Collegium Pharmaceutical (NASDAQ: COLL) reported strong Q1 2025 financial results with total revenue of $177.8M, up 23% YoY. The company's ADHD medication Jornay PM saw 24% YoY prescription growth, generating $28.5M in revenue. The pain portfolio contributed $149.2M, up 3% YoY, with growth across all core products: Belbuca ($51.7M), Xtampza ER ($47.6M), and Nucynta ($47.1M). The company expanded its ADHD sales force by 55 representatives to approximately 180 total. Collegium ended Q1 with $197.8M in cash and equivalents, announced a $25M accelerated share repurchase program, and reaffirmed its 2025 guidance of $735-750M in product revenues. The company maintained strong cash generation, paying down $16.1M in debt while strengthening its leadership team and board composition.

Collegium Pharmaceutical (Nasdaq: COLL) has scheduled its first quarter 2025 financial results announcement for Thursday, May 8, 2025, after market close. The company will host a conference call and webcast at 4:30 p.m. ET on the same day to discuss the results.

Investors can access the conference call by dialing (877) 407-8037 for U.S. participants or (201) 689-8037 for international callers. An audio webcast will be available through the Investors section of Collegium's website and will remain accessible for replay approximately two hours after the event.

Collegium Pharmaceutical (Nasdaq: COLL) has announced its participation in the 24th Annual Needham Healthcare Conference, which will be held virtually from April 7-10, 2025. The company's management will engage in a fireside chat scheduled for Tuesday, April 8, 2025, at 9:30 a.m. ET.

The fireside discussion will be accessible through a live webcast on the Investors section of Collegium's website. Interested parties can view the presentation at https://ir.collegiumpharma.com, and a replay will remain available on the company's website for 90 days following the event.

Collegium Pharmaceutical (Nasdaq: COLL) has announced its upcoming presentation of four posters featuring real-world patient data from its pain management portfolio at PainConnect 2025, the American Academy of Pain Medicine's Annual Meeting in Austin, TX, from April 3-6, 2025.

A notable highlight is their poster on 'Route of Administration and Other Clinical Outcomes Among Exposures to Buprenorphine Pain Medications and Schedule II Opioids,' which has been selected as a top abstract and will be published in AAPM's Pain Medicine Journal. The presentations will focus on their key products, including BELBUCA® (buprenorphine buccal film) and Xtampza® ER (oxycodone), both prescribed for severe pain management requiring daily, long-term opioid treatment.

Dr. Thomas Smith, Chief Medical Officer, emphasized the significance of presenting meaningful real-world data for healthcare professionals treating pain patients, reinforcing Collegium's position as a leader in responsible pain management.

Collegium Pharmaceutical (COLL) announced significant changes to its Board of Directors and executive leadership team. Founder and Chairman Michael Heffernan and Board Member Gwen A. Melincoff will retire at the Annual General Meeting on May 15, 2025. Gino Santini, current Lead Independent Director, will become Chairman, while Dr. Carlos Paya will be nominated to the Board.

The company also appointed three new executive leaders: David Dieter as Executive VP and General Counsel, Jane Gonnerman as Executive VP of Strategy and Corporate Development, and Dean J. Patras as Chief People Officer. These appointments come as Collegium enters a new growth phase focused on accelerating momentum for Jornay PM, maximizing its pain portfolio, and strategic capital deployment.

Collegium Pharmaceutical (Nasdaq: COLL) announced two poster presentations featuring real-world data for its ADHD treatment Jornay PM (methylphenidate HCl) at the National Association of Pediatric Nurse Practitioners (NAPNAP) 46th National Conference in Chicago from March 10-13, 2025.

The presentations, which will showcase real-world benefits of Jornay PM as a therapeutic option for the ADHD community, will be displayed in the Riverside Center Exhibit Hall during specific exhibition hours on March 10-11, 2025. Chief Medical Officer Thomas Smith emphasized the company's commitment to providing differentiated medicines for serious medical conditions.

The PR highlights that ADHD is one of the most common childhood psychiatric conditions, typically diagnosed in childhood and potentially continuing into adulthood, with symptoms including attention difficulties, impulsive behaviors, and hyperactivity, particularly during early morning routines.

Collegium Pharmaceutical (Nasdaq: COLL) has announced its upcoming participation in three major healthcare investor conferences in March 2025. The company's management will engage in investor meetings at the Leerink Partners 2025 Global Healthcare Conference on March 11, the Jefferies Biotech on the Beach Summit on March 12, and the Barclays 27th Annual Global Healthcare Conference on March 13.

Collegium Pharmaceutical reported strong financial results for Q4 and full-year 2024. The company achieved record quarterly revenue of $181.9 million (up 22% YoY) and full-year revenue of $631.4 million (up 11% YoY). Q4 GAAP net income was $12.5 million with record adjusted EBITDA of $107.7 million.

Key product performance included Jornay PM with Q4 net revenue of $29.3 million and pro forma full-year revenue of $100.7 million, showing 29% YoY prescription growth. Belbuca achieved record quarterly revenue of $55.2 million (up 12% YoY), while Xtampza ER posted record revenue of $51.5 million (up 6% YoY).

The company ended 2024 with $162.8 million in cash and equivalents, after completing the $200 million Ironshore Therapeutics acquisition and executing $60 million in share repurchases.