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

12,68910,98335,84029,070 Loss from operations

(8,733)(6,451)(24,384)(16,699) Other (expense) income: Interest income

4639111112 Interest expense

(910)(1,077)(4,068)(2,577) Royalty interest obligation

116(444)235(1,048) Other, net

(27)3361107 Total other expense, net

(775)(1,449)(3,661)(3,406) Net loss

$
(9,508)$
(7,900)$
(28,045)$
(20,105) Basic and diluted net loss per common share

$
(0.55)$
(13.77)$
(1.89)$
(35.02) Weighted average common shares outstanding - basic and diluted

17,230,826573,52114,826,054574,112Pacira Pharmaceuticals, Inc.Condensed Consolidated Balance Sheets(unaudited)(in thousands) September 30, December 31, 2011 2010 Assets Cash and cash equivalents and short-term investments

$
37,068$
26,133 Restricted cash

1,6871,314 Other current assets

4,6453,608 Fixed assets, net

25,82523,950 Intangibles and other assets, net

8,38411,557 Total assets

$
77,609$
,562 Liabilities and stockholders' equity (deficit) Current liabilities

$
7,829$
,322 Related party debt, including accrued interest

-49,795 Long-term debt and royalty interest obligation

22,44524,865 Other long-term liabilities

23,46023,963 Stockholders' equity (deficit)

13,875(48,383) Total liabilities and stockholders' equity

$
77,609$
,562
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SOURCE Pacira Pharmaceuticals, Inc.
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