Collegium to Acquire Ironshore Therapeutics, Expanding into Neurology
Collegium Pharmaceutical(COLL) Newsfilter·2024-07-29 18:00
– Adds Commercial Product Jornay PM®, Establishing Collegium's Presence in Neurology (ADHD) – – H1'24 Jornay PM Prescriptions Grew 32% Year-over-Year – – Transaction Expected to be Immediately Accretive to Adjusted EBITDA – – Acquisition Funded by Collegium's Cash on Hand and New Five-Year Financing with Significantly Improved Terms – – Collegium Estimates Q2'24 Pain Portfolio Net Revenue of $145 Million, Up 7% Year-over-Year; Reaffirms 2024 Financial Guidance for the Current Business – – Conference Call S ...