By Colin Kellaher

 

Pacira BioSciences Inc. on Wednesday said the U.S. Food and Drug Administration accepted its application seeking expanded approval of its local anesthetic Exparel to cover lower-extremity surgical procedures.

The Tampa, Fla., pain-management company said the agency set a target action date of Nov. 13 for the application, which covers single-dose sciatic nerve block in the popliteal fossa as well as femoral nerve block in the adductor canal.

Pacira reported 2022 net product sales of nearly $537 million for Exparel, which is currently approved for infiltration, fascial plane block and as an interscalene brachial plexus nerve block for post-surgical pain management, and said it expects sales of $570 million to $580 million for the drug this year.

 

Write to Colin Kellaher at colin.kellaher@wsj.com

 

(END) Dow Jones Newswires

March 29, 2023 08:44 ET (12:44 GMT)

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