Pacira BioSciences, Inc..
PCRX.US | Manufacture of pharmaceuticals, medicinal chemical and botanical products
Pacira BioSciences, Inc. is a pharmaceutical company focused on the development, commercialization, and manufacture of novel pharmaceutical products, primarily for use in postsurgical pain management. Their main product is EXPAREL® (bupivacaine liposome injectable suspension), a long-acting local an...Show More
Better Health for All
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No evidence available to assess Pacira BioSciences, Inc. on Better Health for All.
Fair Money & Economic Opportunity
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No evidence available to assess Pacira BioSciences, Inc. on Fair Money & Economic Opportunity.
Fair Pay & Worker Respect
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Pacira BioSciences, Inc. offers a comprehensive benefits package to its employees, including medical, prescription, dental, and vision coverage, with 100% coverage for Pacira's own products.
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Financial benefits include a 401K company match of 100% up to 5% and an Employee Stock Purchase Plan.
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Other benefits encompass health savings accounts with company contributions, mental health resources, fertility and maternity assistance, flexible time off, paid holidays, sick days, jury duty leave, bereavement leave, and paid parental leave.
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The company also provides an annual paid volunteer day.
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New employees receive inducement awards, such as stock options and restricted stock units, with vesting periods tied to continued employment.
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A Long-Term Incentive Plan (LTIP) is in place for selected officers and key employees, offering cash awards based on annual financial performance with a three-year vesting period.
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Pacira states it is an Equal Opportunity Employer and has a Code of Business Conduct and Ethics applicable to all directors, officers, and employees worldwide.
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This code promotes integrity and compliance with laws, includes a non-retaliation policy for reporting violations, and provides confidential reporting mechanisms, including an ethics hotline.
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However, no specific quantitative data was provided for living wage coverage, CEO to median pay ratio, collective bargaining share, safety incident rates, pay equity ratios, worker engagement scores, employee turnover rates, labor violation incidents, insecure contract share, or the percentage of the workforce covered by health insurance.
Fair Trade & Ethical Sourcing
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No specific, quantitative evidence was found in the provided articles for any of the KPIs related to Fair Trade & Ethical Sourcing. The articles mention general commitments to ethical business practices, a corporate code of conduct,
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and a global labor and human rights policy,
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but do not provide data on fair-trade certification share,
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supplier audit frequency,
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forced or child labor incidents,
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supply chain traceability coverage,
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remediation speed,
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ethical clause coverage in supplier contracts,
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materials risk index,
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or supplier diversity spend.
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Information regarding internal employee compliance or recruitment diversity does not apply to supplier-focused KPIs.
Honest & Fair Business
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Pacira BioSciences, Inc. has a Compliance Program and an Anti-Bribery Policy.
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The company is committed to conducting business in compliance with applicable laws and regulations, and maintains an Open Payments Database for its subsidiaries in compliance with the Physician Payments Sunshine Act.
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However, the provided information does not detail the frequency or effectiveness of training, or the scope of the policy's coverage (e.g., international operations, high-risk markets), which are necessary for higher positive tiers.
Kind to Animals
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Pacira Pharmaceuticals conducts pre-clinical trials on animals, specifically rabbits and dogs, for drug development.
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No information is provided regarding alternative testing methods, cruelty-free certifications, ethical ingredient sourcing, supplier audits, cage-free sourcing, animal testing volume, innovation investment in animal-free technologies, animal agriculture ethics, animal-free R&D collaboration, or public policy engagement.
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No War, No Weapons
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No specific, concrete evidence was found in the provided articles to assess Pacira BioSciences, Inc. against any of the KPIs for the 'No War, No Weapons' ethical value. The articles primarily focus on the company's core business of pain management, general compliance, and sustainability efforts, without detailing any involvement in defense, military, or conflict-related activities, nor providing quantitative data on policies or investments related to peacebuilding or arms control.
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Planet-Friendly Business
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No specific quantitative data was found in the provided articles to assess Pacira BioSciences, Inc. against the defined Planet-Friendly Business KPIs. While the company has published Corporate Sustainability Reports for 2022, 2023, and 2024,
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the content of these reports with relevant metrics is not provided. An ESG impact assessment mentions categories like GHG Emissions, Biodiversity, and Waste,
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but provides only aggregated impact scores rather than the specific quantitative data required by the rubric (e.g., total emissions in tCO2e, percentage of waste diverted, or land under conservation).
Respect for Cultures & Communities
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No evidence available to assess Pacira BioSciences, Inc. on Respect for Cultures & Communities.
Safe & Smart Tech
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No evidence available to assess Pacira BioSciences, Inc. on Safe & Smart Tech.
Zero Waste & Sustainable Products
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The company has implemented several waste reduction initiatives, including water saving measures at its San Diego Science Center Campus, which resulted in 1.8 million gallons per year savings.
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It also focuses on hazardous waste management, recovering hazardous material from EXPAREL manufacturing using a refrigerated vapor condenser, leading to over 99% recycling or reuse of that specific material.
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Additionally, packaging waste for EXPAREL cartons has been reduced by roughly 80% by replacing a plastic inner vial holder with a slimmer cardboard design and eliminating the Styrofoam liner.
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