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Pacira BioSciences Announces Publication of Positive Two-Year Phase 1 Data For PCRX-201 in Annals of the Rheumatic Diseases

(Moderate)
(Positive)

Pacira BioSciences (NASDAQ:PCRX) reported publication of positive two-year Phase 1 data for PCRX-201, its investigational locally administered gene therapy for moderate-to-severe knee osteoarthritis, in Annals of the Rheumatic Diseases. A single intra-articular knee injection of PCRX-201 was well tolerated over 104 weeks.

The open-label Phase 1 trial enrolled 72 adults aged 30–80 years in two parts across low, middle, and high doses, with Part 2 adding methylprednisolone pretreatment. Exploratory outcome measures showed improvements in pain, stiffness, and function across all dose cohorts among participants who remained in the study. Glucocorticoid pretreatment was associated with a lower rate of joint effusion and greater clinical improvement and has been incorporated into Pacira’s ongoing Phase 2 ASCEND trial, which has initiated Part B enrollment and targets a first topline readout by year-end 2026.

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Positive

  • Phase 1 safety: single intra-articular PCRX-201 injection well tolerated over 104 weeks
  • 72 patients enrolled with improvements in pain, stiffness, and function in exploratory measures
  • Glucocorticoid pretreatment linked to less joint effusion and better clinical outcomes
  • Phase 2 ASCEND trial underway with Part B enrollment initiated
  • Topline Phase 2 readout targeted by year-end 2026
  • Scalable manufacturing process for PCRX-201 successfully implemented

Negative

  • Phase 1 design was open-label and focused on safety, limiting efficacy conclusions
  • Clinical improvements are based on exploratory outcomes and require confirmation in later-stage trials
  • Reported improvements apply only to patients who remained in the study through two years

News Explained

Pacira reports that PCRX-201 has transitioned to a scalable manufacturing process while its Phase 2 ASCEND study is ongoing, adding a production-readiness milestone to the development program.

Market Context

-2.68% was the historical average move for PCRX's tag-matched clinical-trial events. That record add...
Analysis

-2.68% was the historical average move for PCRX's tag-matched clinical-trial events. That record adds a cautious comparator to this positive publication, while net selling by insiders remained a separate risk factor to monitor.

Key Figures

Follow-up duration: two years Phase 2 readout timing: year-end 2026 Trial enrollment: 72 adults +5 more
8 metrics
Follow-up duration two years Phase 1 PCRX-201 study
Phase 2 readout timing year-end 2026 ASCEND topline readout
Trial enrollment 72 adults Phase 1 knee osteoarthritis study
Participant age range 30 to 80 years old Phase 1 study
Part 1 participants 36 participants PCRX-201 dose cohorts
Part 2 participants 36 participants Methylprednisolone pretreatment cohort
Follow-up period 104 weeks Secondary and exploratory endpoints
Administration single injection Locally administered intra-articular PCRX-201

Previous Clinical trial Reports

5 past events · Latest: Nov 05 (Positive)
Same Type Pattern 5 events
Date Event Sentiment 24h Move Catalyst
Nov 05 Phase 2 enrollment Positive -2.6% Part A enrollment concluded for the ASCEND study of PCRX-201.
Oct 27 ANDA filing Negative -1.9% Qilu filed an ANDA seeking approval of generic EXPAREL.
Oct 21 ANDA filing Negative -4.3% WhiteOak filed an ANDA challenging EXPAREL patent claims.
Jun 11 Three-year clinical data Positive -2.1% Phase 1 data reported sustained pain, stiffness, and function improvements.
Apr 03 Phase 2 initiation Positive -2.4% The first patient was dosed in the ASCEND study.

24h Move is the share-price change in the day after each event; other market factors may also have contributed.

Pattern Detected

PCRX's tag-matched clinical-trial events had a negative average move of -2.68%, with more divergences than alignments.

Key Terms

intra-articular injection, open-label study, systemic biodistribution, glucocorticoid pretreatment, +1 more
5 terms
intra-articular injection medical
"administered as a single local administration via intra-articular injection into the knee"
An intra-articular injection is a medical procedure that delivers medication directly into a joint space (for example the knee or shoulder) to treat pain, inflammation, or joint disease. It matters to investors because the route of delivery affects a drug or device’s clinical results, regulatory pathway, manufacturing and distribution needs, and potential market size—similar to putting oil directly into a hinge to fix how it moves rather than coating the whole machine.
open-label study medical
"The Phase 1 clinical trial was a two-part open-label study"
An open-label study is a type of research where both the participants and the researchers know which treatment or intervention is being administered. This transparency can influence the results, making it important for investors to consider potential biases or limitations when evaluating the study’s findings. Understanding this helps assess the reliability of evidence supporting new products or therapies.
systemic biodistribution medical
"secondary and exploratory endpoints included systemic biodistribution"
How a drug, gene therapy, or other administered substance travels through and is taken up by the body’s organs and tissues after entering the bloodstream. Knowing where and how much of a candidate reaches different tissues matters to investors because biodistribution influences effectiveness, side effects, dose levels, regulatory safety data, and manufacturing or delivery choices—similar to tracking how a dye spreads through a city’s water pipes to predict which neighborhoods it will reach.
glucocorticoid pretreatment medical
"whether glucocorticoid pretreatment could enhance vector transduction"
Administration of a glucocorticoid drug (a type of steroid that reduces inflammation and immune responses) before a medical procedure, treatment, or diagnostic test to lower the risk of allergic reactions, inflammation, or side effects. Think of it like putting on a protective layer ahead of a potentially irritating procedure. For investors, this can alter clinical trial safety results, labeling, patient eligibility, and real-world use, which affect regulatory review and market adoption.
vector transduction technical
"glucocorticoid pretreatment could enhance vector transduction"
The process by which a vehicle called a vector delivers genetic material into cells so those cells produce, stop, or change a protein. Think of the vector like a mail carrier and the gene like a package that must be delivered into a house (the cell); successful delivery and correct unpacking determine whether a therapy works. Investors care because how efficiently and safely a vector transduces cells affects clinical results, manufacturing complexity, regulatory review, and commercial potential.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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— A single locally administered intra-articular injection of PCRX-201 into the knee was well tolerated in patients with moderate-to-severe knee osteoarthritis —

Exploratory clinical outcome measures showed improvements out to two years in pain, stiffness, and function across all doses and groups

Phase 2 ASCEND trial of PCRX-201 in knee osteoarthritis advancing with first topline read out on track for year-end 2026

BRISBANE, Calif., Aug. 06, 2026 (GLOBE NEWSWIRE) -- Pacira BioSciences, Inc. (NASDAQ: PCRX), the industry leader in its commitment to deliver innovative, non-opioid pain therapies to transform the lives of patients, today announced the publication of positive two-year results from its Phase 1 clinical trial evaluating PCRX-201 (enekinragene inzadenovec), the company’s investigational locally administered gene therapy for knee osteoarthritis (OA). Published in the Annals of the Rheumatic Diseases, the study showed that PCRX-201, when administered as a single local administration via intra-articular injection into the knee, was well tolerated in patients with moderate to severe knee osteoarthritis. Through two years of follow-up, exploratory outcome measures showed improvements in pain, stiffness, and function across all dose cohorts among patients who remained in the study.

“Publication in Annals of the Rheumatic Diseases highlights the quality and importance of these findings,” said Stanley Cohen, M.D., board-certified rheumatologist and Co-Medical Director of the Metroplex Clinical Research Center in Dallas, Texas, and lead investigator of the study. “The safety profile and the improvements observed across exploratory outcome measures over two years in this study provide a strong scientific rationale for the advancement of PCRX-201 into later-stage clinical development which is currently underway.”

Study Design
The Phase 1 clinical trial was a two-part open-label study that enrolled 72 adults ranging in age from 30 to 80 years old with symptomatic, radiographically confirmed moderate-to-severe knee OA. In Part 1, 36 participants received a single injection of PCRX-201 at a low, middle, or high dose. In Part 2 t, 36 participants received methylprednisolone immediately before PCRX-201 administration to improve tolerability and evaluate whether glucocorticoid pretreatment could enhance vector transduction. The primary endpoint was safety; secondary and exploratory endpoints included systemic biodistribution and clinical outcomes measuring pain, stiffness, and function, with follow-up through 104 weeks. (See press release for full results.)

“Publication of these two-year Phase 1 data marks an important milestone for our gene therapy program and reinforces our belief in PCRX-201’s potential to change the treatment landscape for knee osteoarthritis,” said Jonathan Slonin, MD, MBA, chief medical officer of Pacira BioSciences. “We are encouraged by the results observed to date, which, if confirmed in future studies, could meaningfully exceed the three-to-six-month duration of current therapies and deliver a treatment effect lasting one year or more, representing a potentially transformative advancement for patients. We look forward to building on these findings through our ongoing Phase 2 ASCEND trial.”

Glucocorticoid pretreatment, which was associated with a lower rate of joint effusion and greater improvement in clinical outcomes, has been incorporated into the company's ongoing Phase 2 ASCEND study of PCRX-201 (NCT06884865). The company recently announced that it has initiated enrollment in Part B of the Phase 2 ASCEND study and has implemented a successful transition of PCRX-201 to a scalable manufacturing process.

To learn more about the ASCEND study, visit clinicaltrials.gov.

About PCRX-201 (enekinragene inzadenovec)
PCRX-201 (enekinragene inzadenovec) features an innovative design based on the company’s proprietary high-capacity adenovirus vector platform. It is currently being studied as a potential treatment for the underlying biomechanical and inflammatory processes that lead to osteoarthritis of the knee, a condition that affects more than 15 million individuals in the U.S. today.

In June 2025, Pacira reported data from its ongoing clinical development program showing that PCRX-201 continues to demonstrate durable and clinically meaningful improvements in knee pain, stiffness, and function through three years following local administration, with a well-tolerated safety profile. PCRX-201 has received RMAT designation from the U.S. Food and Drug Administration and Advanced Therapy Medicinal Products (ATMP) designation from the European Medicines Agency. PCRX-201 is the first gene therapy to achieve these clinical results and earn these regulatory designations in osteoarthritis of the knee – a testament to its promise and potential.

Given the promising Phase 1 results, Phase 2 of the two-part multicenter ASCEND study for PCRX-201 is underway. To learn more about PCRX-201 and the company’s clinical development program, please visit www.Pacira.com

About the High-capacity Adenovirus Vector Platform
Pacira’s proprietary novel high-capacity adenovirus (HCAd) gene therapy vector platform solves many of the challenges in the field of gene therapy that have prevented its utilization in treating common diseases, such as osteoarthritis.

Key features include:

  • The HCAd vector is much more efficient at delivering genes into cells compared to many other gene therapies that rely on adenovirus associated virus, or AAV, vectors. As a result, the desired effect can be achieved with much smaller doses.
  • The vector used in the HCAd platform can carry up to 30,000 base pairs of DNA, which enables gene therapy with multiple or larger genes compared to AAV vectors.
  • Genetic medicines based on the HCAd platform can be administered locally and have the potential for redosing at appropriate therapeutic intervals.
  • Lower dose levels and efficient delivery of genes into cells means that thousands of doses can be produced in a single batch. As a result, therapies built on the HCAd platform are expected to have a commercially attractive and viable cost of goods profile.

Beyond PCRX-201, the company is evaluating several other HCAd product candidates.

About Pacira
Pacira delivers innovative, non-opioid pain therapies to transform the lives of patients. Pacira has two commercial-stage non-opioid treatments: EXPAREL® (bupivacaine liposome injectable suspension), a long-acting local analgesic currently approved for infiltration, fascial plane block, and as an interscalene brachial plexus nerve block, an adductor canal nerve block, and a sciatic nerve block in the popliteal fossa for postsurgical pain management; ZILRETTA® (triamcinolone acetonide extended-release injectable suspension), an extended-release, intra-articular injection indicated for the management of osteoarthritis knee pain. The company is also advancing a pipeline of clinical-stage assets for musculoskeletal pain and adjacencies. Its most advanced product candidate, PCRX-201 (enekinragene inzadenovec), is a novel locally administered gene therapy, is in Phase 2 clinical development for osteoarthritis of the knee. To learn more about Pacira, visit www.pacira.com.

Forward-Looking Statements
Any statements in this press release about Pacira’s future expectations, plans, trends, outlook, projections and prospects, and other statements containing the words “anticipate,” “believe,” “can,” “could,” “estimate,” “expect,” “intend,” “may,” “plan,” “project,” “should,” “will,” “would,” and similar expressions, constitute forward-looking statements within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), and the Private Securities Litigation Reform Act of 1995, including, without limitation, statements related to: the ability to realize the anticipated benefits of the divestiture of iovera®°; '5x30', our growth and business strategy, our future outlook, the strength and efficacy of our intellectual property protection and patent terms, our future growth potential and future financial and operating results and trends, our plans, objectives, expectations (financial or otherwise) and intentions, including our plans with respect to the repayment of our indebtedness, anticipated product portfolio and product development programs, strategic alliances, plans with respect to the Non-Opioids Prevent Addiction in the Nation (“NOPAIN”) Act, and any other statements that are not historical facts. For this purpose, any statement that is not a statement of historical fact should be considered a forward-looking statement. We cannot assure you that our estimates, assumptions and expectations will prove to have been correct. Actual results may differ materially from these indicated by such forward-looking statements as a result of various important factors, including risks relating to, among others: risks associated with acquisitions, such as the risk that the acquired businesses and/or assets will not be integrated successfully, that such integration may be more difficult, time-consuming or costly than expected or that the expected benefits of the transaction will not occur; risks associated with divestitures; our manufacturing and supply chain, global and United States economic conditions (including tariffs, inflation and rising interest rates), and our business, including our revenues, financial condition, cash flows and results of operations; the success of our sales and manufacturing efforts in support of the commercialization of EXPAREL and ZILRETTA; the rate and degree of market acceptance of EXPAREL and ZILRETTA; the size and growth of the potential markets for EXPAREL and ZILRETTA and our ability to serve those markets; our plans to expand the use of EXPAREL and ZILRETTA to additional indications and opportunities, and the timing and success of any related clinical trials for EXPAREL, ZILRETTA and any of our other product candidates, including, but not limited to, PCRX-201 and PCRX-2002; the commercial success of EXPAREL and ZILRETTA; the related timing and success of United States Food and Drug Administration supplemental New Drug Applications and premarket notification 510(k)s; the related timing and success of European Medicines Agency Marketing Authorization Applications; our plans to evaluate, develop and pursue additional product candidates utilizing our proprietary high-capacity adenovirus (“HCAd”) vector platform; the approval of the commercialization of our products in other jurisdictions (by either us or our partners); clinical trials in support of an existing or potential HCAd-based product candidate; our commercialization and marketing capabilities; our ability to successfully complete capital projects; the outcome of any litigation; the recoverability of our deferred tax assets; assumptions associated with contingent consideration payments; assumptions used for estimated future cash flows associated with determining the fair value of the Company; the anticipated funding or benefits of our share repurchase program; and factors discussed in the “Risk Factors” of our most recent Annual Report on Form 10-K and in other filings that we periodically make with the Securities and Exchange Commission (the “SEC”). In addition, the forward-looking statements included in this press release represent our views as of the date of this press release. Important factors could cause actual results to differ materially from those indicated or implied by forward-looking statements, and as such we anticipate that subsequent events and developments will cause our views to change. Except as required by applicable law, we undertake no intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, and readers should not rely on these forward-looking statements as representing our views as of any date subsequent to the date of this press release.

These forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause our actual results, levels of activity, performance or achievements to differ materially from those expressed or implied by these statements. These factors include the matters discussed and referenced in the “Risk Factors” of our most recent Annual Report on Form 10-K and in other filings that we periodically make with the SEC.



Investor Contact:
Susan Mesco
(973) 451-4030
susan.mesco@pacira.com

Media Contact:
Kim Hamilton
(908) 721-7067
kim.hamilton@pacira.com

FAQ

What did Pacira BioSciences (NASDAQ:PCRX) report about its PCRX-201 Phase 1 trial in August 2026?

Pacira reported two-year Phase 1 data showing a single intra-articular PCRX-201 injection was well tolerated. According to Pacira, exploratory outcomes indicated improvements in knee osteoarthritis pain, stiffness, and function across all dose cohorts among patients who remained in the study through 104 weeks.

How was the Phase 1 PCRX-201 study for knee osteoarthritis designed, according to Pacira BioSciences (PCRX)?

The Phase 1 trial was a two-part open-label study enrolling 72 adults aged 30–80 with moderate-to-severe knee osteoarthritis. According to Pacira, Part 1 tested three doses, while Part 2 added methylprednisolone pretreatment, with safety as the primary endpoint and follow-up out to 104 weeks.

What role did glucocorticoid pretreatment play in Pacira’s PCRX-201 Phase 1 trial?

Glucocorticoid pretreatment with methylprednisolone was associated with lower joint effusion and greater clinical improvement. According to Pacira, this pretreatment was given immediately before PCRX-201 in Part 2 and has now been incorporated into the ongoing Phase 2 ASCEND study design.

What is the Phase 2 ASCEND trial for PCRX-201 in knee osteoarthritis and its expected timeline?

The ASCEND trial is Pacira’s Phase 2 study evaluating PCRX-201 in knee osteoarthritis, including glucocorticoid pretreatment. According to Pacira, enrollment in Part B has begun, with the first topline data readout on track for around year-end 2026, subject to study progress.

How long did the benefits of PCRX-201 appear to last in the Phase 1 osteoarthritis trial?

Exploratory outcome measures showed improvements in pain, stiffness, and function out to two years. According to Pacira, these findings support further development, although they remain exploratory and require confirmation in larger, controlled trials before drawing definitive conclusions on durability.

In which journal were Pacira’s PCRX-201 Phase 1 results published and why is this notable for PCRX shareholders?

The Phase 1 results were published in Annals of the Rheumatic Diseases, a peer-reviewed rheumatology journal. According to Pacira, this publication highlights the quality and importance of the data and supports advancing PCRX-201 into later-stage clinical development, including the Phase 2 ASCEND trial.

What manufacturing progress has Pacira BioSciences reported for PCRX-201 gene therapy?

Pacira reported a successful transition of PCRX-201 to a scalable manufacturing process. According to Pacira, this supports the ongoing Phase 2 ASCEND study and is a key step toward potential later-stage development, helping ensure sufficient supply for current and future clinical trials.