Pacira Enters Agreement with LG Chem to Expand EXPAREL Market
Pacira BioSciences announced it has entered into an agreement with LG Chem designed to expand access to opioid-sparing postsurgical pain control for patients in select Asian-Pacific markets. Through this partnership, LG Chem has the exclusive rights to commercialize EXPAREL. "We are excited to launch this key regional partnership that significantly expands patient access to opioid-sparing pain management and advances our 5x30 strategy. LG Chem is an established leader in pain management with a proven track record of delivering orthopedic pain solutions to patients across Asia," said Frank D. Lee, chief executive officer of Pacira BioSciences. "By leveraging LG Chem's decades of experience in the orthopedic and surgical markets, we will greatly broaden the availability of EXPAREL in a part of the world where there is a significant unmet need for long-acting postsurgical pain control and enhanced recovery." Under the terms of the agreement, Pacira will receive an undisclosed upfront payment, a transfer price, and tiered royalties on future commercial sales by LG Chem in licensed territories. Pacira will manufacture EXPAREL. LG Chem will be responsible for securing regulatory approvals in the licensed territories and plans to file for marketing authorizations in South Korea and Thailand within the next six months.
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- Market Expansion Partnership: Pacira BioSciences has entered into an agreement with LG Chem, granting exclusive rights to commercialize EXPAREL in Asia-Pacific markets, aiming to enhance patient access to opioid-sparing postsurgical pain management, aligning with global trends to reduce opioid dependency.
- Financial Benefit Structure: Under the terms of the deal, Pacira will receive an undisclosed upfront payment, a transfer price, and tiered royalties on future commercial sales by LG Chem, providing a stable revenue stream and enhancing financial flexibility for Pacira.
- Market Authorization Plans: LG Chem intends to file for marketing authorizations for EXPAREL in South Korea and Thailand within the next six months, a move that will not only expedite product availability but also strengthen Pacira's market position in the Asia-Pacific region.
- Stock Market Reaction: Following the announcement, Pacira's stock price rose by 0.87% to $23.13 in pre-market trading on Nasdaq, reflecting positive market sentiment towards the partnership and potentially driving future growth prospects for the company.
- Stock Surge: Rich Sparkle Holdings Ltd's shares skyrocketed 115% to $52.00 following the signing of a $39 million agreement for 3 million ordinary shares, indicating strong market confidence in its financing strategy.
- Positive Market Reaction: The offering price of $13 per share is significantly lower than the current market price, reflecting optimistic investor expectations regarding the company's growth potential, which may provide essential funding for future expansions.
- Significant Industry Impact: The successful financing of Rich Sparkle Holdings not only enhances its market position but could also attract more investor attention to the sector, potentially driving up stock prices of related companies.
- Optimistic Future Outlook: With the influx of capital, the company is poised to accelerate its business development and market expansion, further solidifying its competitive advantage in the industry.

- Conference Presentation: Pacira BioSciences will present at the 44th Annual J.P. Morgan Healthcare Conference on January 14, 2026, at 11:15 AM PST, aiming to reinforce its leadership in innovative non-opioid pain therapies.
- Live Access: The live audio of the event will be accessible via the company’s website under the “Events” section, allowing investors and healthcare professionals to stay updated on the latest developments.
- Replay Availability: A replay of the webcast will be available for two weeks post-event, ensuring that stakeholders who cannot attend live can still access critical information, thereby enhancing transparency.
- Product Line Overview: Pacira currently markets three commercial-stage non-opioid treatments, including EXPAREL, ZILRETTA, and iovera®, and the successful promotion of these products will further solidify the company's competitive edge in the pain management market.
- Options Grant: PharmaCorp has granted a total of 501,088 options to directors, officers, employees, and consultants at an exercise price of $0.46, which is expected to enhance employee motivation and improve overall operational efficiency.
- Regulatory Compliance: The options grant relies on exemptions under MI 61-101, avoiding formal valuation requirements and ensuring compliance on the TSXV, thereby reducing administrative costs.
- Shareholder Protection: The options granted do not exceed 25% of the company's market capitalization, thus avoiding the need for minority approval under MI 61-101, which ensures efficient decision-making.
- Strategic Development Focus: As a pharmacy acquisition platform, PharmaCorp aims to build a national network of community pharmacies through capital and strategic support, and the options grant will further attract talent to drive its expansion plans.
- Options Grant: PharmaCorp has granted a total of 501,088 options to directors, officers, employees, and consultants at an exercise price of $0.46, expiring on December 31, 2035, indicating the company's commitment to incentivizing its team.
- Regulatory Compliance: The company relied on provisions of MI 61-101 to exempt the formal valuation requirements for the options granted to directors and officers, ensuring compliance while reducing administrative burdens.
- Capital Structure Optimization: The options granted do not exceed 25% of the company's market capitalization, reflecting a strategy to enhance internal incentive mechanisms while safeguarding shareholder interests.
- Strategic Development Focus: As a pharmacy acquisition platform, PharmaCorp aims to build a national network of community pharmacies through capital and strategic support, further solidifying its competitive position in the market.








