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Story summary
- Viatris announced a $1.65 billion cash acquisition of Pacira BioSciences.
- The deal values Pacira at $36.50 per share, a 44.8% premium.
- Pacira posted $746 million revenue, $177 million adjusted EBITDA, and 2025 sales of $575.1 million for Exparel and $116.6 million for Zilretta.
- The acquisition is immediately accretive.
- The FDA will rule on meloxicam by Dec. 27.
