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Pacira BioSciences Announces Yvonne Greenstreet to Retire from Board of Directors

Key Takeaway: Pacira BioSciences announced the retirement of Yvonne Greenstreet from its Board of Directors, effective March 31, 2023. Dr. Greenstreet has served as an independent director for nine years and is currently the CEO of Alnylam Pharmaceuticals. Pacira expressed gratitude for her contributions and is in the process of identifying a replacement. Dr. Greenstreet highlighted Pacira's ongoing commitment to redefining opioid use in pain management.

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POSITIVE FACTORS

  • Yvonne Greenstreet's contributions to Pacira have been impactful.
  • Pacira is well-positioned for continued growth and innovation in non-opioid pain management.
  • The company has a strong pipeline and commercial offerings that address unmet medical needs.

Full Press Release Details

TAMPA, Fla., March 22, 2023 (GLOBE NEWSWIRE) -- Pacira BioSciences, Inc. (Nasdaq: PCRX), the industry leader in its commitment to non-opioid pain management and regenerative health solutions, today announced that after serving as an independent director for nine years, Yvonne Greenstreet, MBChB, is retiring from the company’s Board of Directors effective March 31, 2023. Dr. Greenstreet is currently serving as Chief Executive Officer of Alnylam Pharmaceuticals, Inc. Pacira is initiating a process to identify an independent Board member to replace Dr. Greenstreet.
“It has been a pleasure working with Yvonne and I would personally like to thank her for her impactful contributions to the Pacira Board of Directors over the past nine years,” said Dave Stack, chairman and chief executive officer of Pacira BioSciences. “We are grateful for Yvonne’s considerable service to Pacira, and we wish her continued success in her leadership of Alnylam.”
“I am proud to have been a part of the Pacira growth trajectory, particularly the company’s important work redefining the role of opioids as a rescue therapy only,” said Dr. Greenstreet. “I leave Pacira confident that the company will continue to expand its leadership position and remain at the forefront of innovative, non-opioid pain management given its unique ability to self-fund numerous growth opportunities that address unmet medical needs across its expanding commercial offering and advancing clinical pipeline.”
About Pacira BioSciences
Pacira BioSciences, Inc. (Nasdaq: PCRX) is committed to providing a non-opioid option to as many patients as possible to redefine the role of opioids as rescue therapy only. The company is also developing innovative interventions to address debilitating conditions involving the sympathetic nervous system, such as cardiac electrical storm, chronic pain, and spasticity. Pacira has three commercial-stage non-opioid treatments: EXPAREL® (bupivacaine liposome injectable suspension), a long-acting, local analgesia currently approved for postsurgical pain management; ZILRETTA® (triamcinolone acetonide extended-release injectable suspension), an extended-release, intra-articular, injection indicated for the management of osteoarthritis knee pain; and ioveraº®, a novel, handheld device for delivering immediate, long-acting, drug-free pain control using precise, controlled doses of cold temperature to a targeted nerve. To learn more about Pacira, including the corporate mission to reduce overreliance on opioids, visit www.pacira.com.

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Frequently Asked Questions

Who is retiring from Pacira BioSciences Board?

Yvonne Greenstreet is retiring from the Pacira Board effective March 31, 2023.

What is Yvonne Greenstreet's current role?

She is the Chief Executive Officer of Alnylam Pharmaceuticals, Inc.

What does Pacira BioSciences focus on?

Pacira focuses on non-opioid pain management and regenerative health solutions.

What non-opioid treatments does Pacira offer?

Pacira offers EXPAREL®, ZILRETTA®, and ioveraº® for pain management.

What is Pacira's mission regarding opioids?

Pacira aims to redefine opioids as a rescue therapy only and reduce reliance on them.

Last updated: Mar 22, 2023