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Expands its leadership position in non-opioid pain management with Flexion’s lead product ZILRETTA.
October 11, 2021
By: Charlie Sternberg
Associate Editor
Pacira BioSciences Inc. and Flexion Therapeutics Inc. have announced a definitive agreement pursuant to which Pacira will acquire Flexion for $8.50 per share in cash, plus one non-tradeable contingent value right (CVR) worth up to $8.00 per share in cash. The CVR is payable (subject to certain terms and conditions) in the event certain sales and/or regulatory milestones are achieved. The transaction was unanimously approved by the board of directors of each of Pacira and Flexion. Flexion is ...
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