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    ZBH — Zimmer Biomet Holdings News Story

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    Brief: Pacira Biosciences Announces Agreement To Divest Its Iovera° Business To Zimmer Biomet

    Picture of Zimmer Biomet Holdings logoZimmer Biomet Holdings
    30/06/2026 13:48
    BRIEF-Pacira Biosciences Announces Agreement To Divest Its Iovera° Business To Zimmer Biomet
    June 30 (Reuters) - Pacira Biosciences Inc PCRX.O:
    • PACIRA BIOSCIENCES ANNOUNCES AGREEMENT TO DIVEST ITS IOVERA° BUSINESS TO ZIMMER BIOMET
    • PACIRA BIOSCIENCES - TO RECEIVE UP TO $140 MILLION FOR IOVERA° DIVESTITURE
    • PACIRA BIOSCIENCES - CO ELIGIBLE FOR POTENTIAL MILESTONE PAYMENTS UP TO $70 MILLION THROUGH DEC 31, 2031
    • PACIRA BIOSCIENCES - TO USE UPFRONT PROCEEDS TO PAY DOWN SENIOR SECURED REVOLVING CREDIT FACILITY
    Source text: ID:nGNXb6FBRQ
    Further company coverage: PCRX.O

     ((Reuters.Briefs@thomsonreuters.com;))

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