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Pacira Pharmaceuticals, Inc. Reports Third Quarter 2011 Financial Results
Date:10/31/2011

a result of various important factors, including risks relating to: our plans to develop and commercialize EXPAREL; the success and timing of our commercial launch of EXPAREL; the rate and degree of market acceptance of EXPAREL; the size and growth of the potential markets for EXPAREL and our ability to serve those markets; our commercialization and marketing capabilities; and other factors discussed in the "Risk Factors" section of our Annual Report on Form 10-K for the year ended December 31, 2010, and in other filings that we periodically make with the SEC. In addition, the forward-looking statements included in this press release represent our views as of the date of this press release. We anticipate that subsequent events and developments will cause our views to change. However, while we may elect to update these forward-looking statements at some point in the future, we specifically disclaim any obligation to do so. These forward-looking statements should not be relied upon as representing our views as of any date subsequent to the date of this press release.

Contacts:Company Contact:
Pacira Pharmaceuticals, Inc.
James S. Scibetta, 973-254-3560

or

Investor Contact:
Pure Communications Inc.
Jennifer Beugelmans, 646-596-7473Pacira Pharmaceuticals, Inc.Consolidated Statement of Operations(unaudited)(in thousands, except share and per share amounts)Three Months

Ended September 30, Nine Months
Ended September 30, 2011201020112010 Revenues: Supply revenue

$
,682$
2,744$
4,868$
7,127 Royalties

9221,0232,7432,693 Collaborative licensing and development revenue

1,3527653,8452,551 Total revenues

3,9564,53211,45612,371 Operating expenses: Cost of revenues

3,3573,57310,13810,168 Research and development

4,3445,71612,23714,954 Selling, general and administrative

4,9881,69413,4653,948 Total operating expenses


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SOURCE Pacira Pharmaceuticals, Inc.
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3. Phase III Studies of EXPAREL(TM) (DepoBupivacaine) from Pacira Complete Enrollment
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