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Pacira Pharmaceuticals, Inc. (NASDAQ: PCRX) develops, commercializes, and manufactures pharmaceuticals primarily for use in hospitals and ambulatory surgery centers worldwide. It develops pharmaceutical products based on its proprietary DepoFoam drug delivery technology. Pacira commercializes EXPAREL, a liposomal, sustained release formulation of the ubiquitous anesthetic bupivacaine, to produce dramatic postsurgical analgesia.