Welcome to our dedicated page for Collegium Pharmaceutical news (Ticker: COLL), a resource for investors and traders seeking the latest updates and insights on Collegium Pharmaceutical stock.
Collegium Pharmaceutical Inc. (Nasdaq: COLL) specializes in developing abuse-deterrent medications for chronic pain and neuropsychiatric conditions through its proprietary DETERx® technology. This news hub provides investors and healthcare professionals with timely updates on regulatory milestones, product developments, and strategic initiatives shaping the company's trajectory in specialty pharmaceuticals.
Access comprehensive coverage of COLL's latest press releases, including advancements in pain management solutions like Xtampza ER® and Nucynta®, as well as its expansion into ADHD treatment with Jornay PM®. The page aggregates essential updates on financial performance, partnership announcements, and intellectual property developments critical for assessing the company's market position.
Bookmark this resource for structured access to Collegium's most significant announcements, from clinical trial results to manufacturing updates. Our curated news feed ensures you stay informed about COLL's efforts to address opioid misuse while delivering innovative therapeutic solutions across multiple medical disciplines.
Collegium Pharmaceutical, Inc. reported strong Q1 2024 financial results, including a net revenue of $144.9 million, record Belbuca® revenue of $50.7 million, and GAAP net income of $27.7 million. The company achieved a 5% increase in Adjusted EBITDA, authorized a $35.0 million share repurchase program, and reaffirmed its full-year 2024 guidance. Collegium also announced an authorized generic agreement with Hikma and a leadership transition. Financially, the company showed stable product revenues, reduced GAAP operating expenses, and increased cash reserves.
Collegium Pharmaceutical, Inc. announces CEO transition as Joe Ciaffoni steps down as President and CEO, effective May 24, 2024. Michael Heffernan will serve as Interim President and CEO until a successor is appointed. The Board has initiated the search for a new CEO. Collegium remains financially strong and on track to achieve its 2024 financial guidance.
Collegium Pharmaceutical, Inc. (Nasdaq: COLL) has announced an authorized generic agreement with Hikma Pharmaceuticals USA Inc. for Nucynta® and Nucynta® ER, bolstering the value of the Nucynta Franchise through 2025 and beyond. Collegium will manufacture and supply Hikma with authorized generic products, with Hikma having exclusive rights to sell them in the U.S. Collegium will receive a share of net profits based on the number of generic entrants.
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