Pacira to Acquire Flexion for ~427M

October 12, 2021 Auto Bot Acquire, M&A 0

Shots:

  • Pacira Signs a definitive agreement to acquire Flexion for $8.50/share in cash along with one non-tradeable CVR of ~$8.00/share in cash upon the achievement of sales & regulatory milestones. The transaction is expected to close in Q4’21
  • The acquisition will support Pacira to expand its leadership position in non-opioid pain management with the addition of Flexion’s Zilretta
  • Flexion’s Zilretta is the first FDA-approved treatment for OA knee pain utilizing ER microsphere technology

Click here to­ read full press release/ article | Ref: Globe Newswire | Image: Mass Bio

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