PCRX
Published on 05/15/2025 at 08:00, updated on 05/15/2025 at 09:20
Pacira BioSciences, Inc. announced new preliminary data which suggests that clinical immunogenicity does not reduce sustained improvements in knee pain, stiffness and function provided by its gene therapy candidate, PCRX-201 (enekinragene inzadenovec), following local administration in patients with mild, moderate, as well as severe osteoarthritis of the knee. The research findings are being presented during a podium session at the American Society of Gene & Cell Therapy (ASGCT) Annual Meeting in New Orleans on May 15, 2025, at 2:15 CT. In March 2024, PCRX-201 became the first-ever gene therapy product candidate in osteoarthritis to receive Regenerative Medicine Advanced Therapy (RMAT) designation from the U.S. Food and Drug Administration (FDA).
RMAT designation provides the benefits of intensive FDA guidance on efficient drug development, including the ability for early interactions with the FDA to discuss surrogate or intermediate endpoints, potential ways to support accelerated approval and satisfy post-approval requirements, potential priority review of the Biologics License Application (BLA), and other opportunities to expedite development and review. PCRX-201 has received Regenerative Medicine Advanced Therapy (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 thenee - a testament to its promise and potential.
Actual results may differ materially from those indicated by such forward-looking statements as a result of various important factors, including risks relating to, among others: the failure to realize the anticipated benefits and synergies from the acquisition of GQ Bio Therapeutics GmbH; risks associated with acquisitions, such as the risk that the acquired businesses 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; manufacturing and supply chain, global and U.S. economic conditions (including inflation and rising interest rates), and business, including revenues, financial condition, cash flow and results of operations; the success of sales and manufacturing efforts in support of the commercialization of EXPAREL, ZILRETTA and ioveradeg; the rate and degree of market acceptance of EXPAREL, ZilRETTA and ioverade g; the size and growth of the potential markets for EXPAREL, ZILretTA and ioveradeg to additional indications and opportunities, and the timing and success of any related clinical trials for EXPAREL, ZilretTA and ioveradeG; the commercial success of EXPAREL, Z ILRETTA andioveradeg; the related timing and success of U.S. food and Drug Administration supplemental New Drug Applications and premarket notification 510(k)s; the related timing and success the European Medicines Agency Marketing Authorization Applications; plans to evaluate, develop and pursue additional product candidates utilizing proprietary multivesicular liposome ("pMVL") drug delivery technology; the approval of the commercialization of our products in other jurisdictions; clinical trials in support of an existing or potential pMVL-based product; commercialization and marketing capabilities; ability to successfully complete capital projects; the outcome of any litigation; the outcome of any litigation, the recovery 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 share repurchase program; and factors discussed in the "Risk Factors" of the most recent Annual Report on the Company.