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● Second quarter revenue exceeded $10 billion, up 10%, and full-year guidance was raised.
● Cash was $191.5 million at June 30, with runway management puts through 2028.
● The net loss narrowed by about two-thirds to roughly 15 million Canadian dollars.
● Second quarter revenue rose 48% to about $23 billion on 60% volume growth.
● The trial targets 237 participants, randomized two to one, with a 12-month primary endpoint.
● Pacira sold iovera to Zimmer Biomet, with up to $70 million in milestones possible.
● Consensus is about 73 cents adjusted EPS on revenue near $15.9 billion, per outside estimates.
● Beverage revenue rose about 82% to roughly $101.5 million on the BrewDog acquisition.
● Medical care ratio improved to 88.4% from 89.9%, aided by roughly $610 million reserve benefit.
● Second-quarter net revenue was about $77.5 million, up about 22%, led by MACI.
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