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 reported record net revenue of $123.5 million for Q2 2022, a significant increase from $82.9 million in Q2 2021. Following the BDSI acquisition, the company completed phase one of its integration and is on track to exceed targeted synergies of at least $75 million. Full-year adjusted EBITDA guidance has been raised to between $245 million and $255 million. However, the company posted a net loss of $5.2 million, or $0.15 per share, compared to a net income of $72.8 million in the same quarter last year.
Collegium Pharmaceutical, Inc. (Nasdaq: COLL) will announce its Q2 2022 financial results on August 4, 2022, after market closure. A corresponding conference call will be held at 4:30 p.m. ET, allowing investors to discuss the financial outcomes live. To participate, dial (877) 407-8037 for U.S. callers or (201) 689-8037 internationally, referencing the 'Collegium Pharmaceutical Q2 2022 Earnings Call.' An audio webcast will also be available on the company's website, with a replay accessible two hours post-event.
Collegium Pharmaceutical (Nasdaq: COLL) announced its participation at the H.C. Wainwright Global Investment Conference, scheduled for May 23-26, 2022, at the Fontainebleau Miami Beach Hotel. Collegium’s presentation is set for May 24, 2022, at 3:30 pm ET. The company is focused on improving the lives of those with serious medical conditions and is headquartered in Stoughton, Massachusetts. For more information, visit www.collegiumpharma.com.
Collegium Pharmaceuticals reported Q1 2022 net revenue of $83.8 million, down from $87.7 million in Q1 2021. The BDSI acquisition is on track to exceed targeted run rate synergies of $75 million. The company has resolved all opioid-related litigation and provided financial guidance for 2022, expecting revenues between $450 million and $465 million. Despite a net loss of $13.1 million this quarter, Collegium’s outlook remains positive with a cash balance of $106.7 million.
Collegium Pharmaceutical (Nasdaq: COLL) will host a conference call on May 10, 2022, at 4:30 p.m. ET, to discuss its Q1 2022 financial results and provide a corporate update. Interested parties can join by dialing (877) 407-8037 for U.S. callers or (201) 689-8037 for international callers. The call will also be available via a live audio webcast on the company’s website, with replays accessible two hours after the event.
Collegium is dedicated to enhancing the lives of those with serious medical conditions, headquartered in Stoughton, Massachusetts.
Collegium Pharmaceutical (Nasdaq: COLL) announced its participation in the 21st Annual Needham Virtual Healthcare Conference, set for April 13, 2022. Management will engage in a virtual fireside chat, which will be webcast and accessible through the investor section of the company's website. A replay will be available for 30 days following the event. Collegium is dedicated to enhancing the lives of those with serious medical conditions, headquartered in Stoughton, Massachusetts. For more details, visit www.collegiumpharma.com.
Collegium Pharmaceutical (Nasdaq: COLL) announced the appointment of Neil F. McFarlane to its Board of Directors, effective April 6, 2022. McFarlane brings extensive experience from previous leadership roles at Adamas Pharmaceuticals and Retrophin. The Chairman, Mike Heffernan, expressed confidence in McFarlane's ability to provide valuable insights and contributions. This strategic addition comes as the company aims to enhance its operations and improve the lives of individuals with serious medical conditions.
Collegium Pharmaceutical (Nasdaq: COLL) has updated its financial guidance for 2022 following the acquisition of BioDelivery Sciences International on March 22, 2022. Expected total product revenues are projected between $450.0 million and $465.0 million, reflecting a 65% increase from $276.9 million in 2021. Adjusted operating expenses are estimated at $130.0 million to $140.0 million and adjusted EBITDA is expected to reach $235.0 million to $250.0 million. The company aims for operational synergies of at least $75 million as it integrates BDSI.
Collegium Pharmaceutical, Inc. (Nasdaq: COLL) has reached a Master Settlement Agreement to resolve 27 opioid-related lawsuits without admitting liability. Executed on March 18, 2022, the company has paid $2.75 million to the plaintiffs, leading to case dismissals anticipated in the upcoming weeks. This settlement follows a previously announced framework from December 2021, marking a strategic decision to mitigate legal risks. Collegium aims to strengthen its position as a specialty pharmaceutical company focused on aiding patients with serious medical conditions.
Collegium Pharmaceutical (Nasdaq: COLL) has completed its acquisition of BioDelivery Sciences International (Nasdaq: BDSI) for $5.60 per share, totaling approximately $40 million. This strategic move aims to enhance Collegium's revenue through diversification, adding products like BELBUCA and ELYXYB to its portfolio. The acquisition is expected to yield annual synergies of at least $75 million within the first year, strengthening Collegium's financial position and accelerating cash flow generation, while expanding its footprint in the neurology market.
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