Feed / COLL

Collegium Pharmaceutical, Inc.

COLL

Healthcare · 22.98 -1.7% today

Isolated · not yet confirmedMarket checked 10 Sept, 15:55 GMT-4

Market read

Collegium Pharmaceutical, Inc.'s current read is isolated; its market group is not confirming.

No new filing conclusion is available. 0 of 37 group members are active now; 0 filing-linked outsiders are moving with the group, and 0 of 7 directly disclosed connections are confirming.

Company-1.7% todayVolume comparison unavailable
Market group0 of 37 activeNo Coherent Theme · unavailable
Disclosed network0 of 7 confirmingNo filing-linked name is confirming now
What would change this read
  • COLL's market-adjusted activity becomes unusual and at least one connected name confirms.

Invalidation: The isolated read changes if COLL's group or a disclosed connection begins moving with it.

Watch this read

Research brief

The story so far

Healthcare · Drug Manufacturers - Specialty & Generic

No new filing conclusion is available. 0 of 37 group members are active now; 0 filing-linked outsiders are moving with the group, and 0 of 7 directly disclosed connections are confirming.

Evidence that supports

No thresholded supportive filing evidence is available yet.

Evidence that challenges

No thresholded adverse filing evidence is available yet.

What would clarify the read
  • COLL's market-adjusted activity becomes unusual and at least one connected name confirms.

Company research

Understand the business, not just the ticker

As of Sep 11, 2026
Business model and earnings drivers

Use the company’s filings to identify the few operating, demand, cost, capital and regulatory variables that determine its earnings power.

Key research questions
  • Which operating variable is changing?
  • Is that change durable, cyclical or one-off?
  • What evidence would disprove the current interpretation?
Annual periods9
Price observations319
Usable filing statements106
Verified relationships4
Evidence supporting the case
  • Latest annual revenue changed +23.6% year over year.
  • Operating cash flow covered net income at 5.24x in the latest annual period.
Evidence challenging the case
  • Operating margin changed -3.9 percentage points in the latest annual period.
  • Net margin changed -2.9 percentage points in the latest annual period.
  • Credit and interest rates has repeated adverse evidence across 3 filings.
Questions before a position
  • P/E is 55% below the available filing-peer median; determine whether growth and quality justify the difference.
  • EV/sales is 83% below the available filing-peer median; determine whether growth and quality justify the difference.
Longer-term price context

Price as of Sep 10, 2026

22.98
6m-44.9%12m-40.8%24m
Annual trajectory

Reported annual revenue and per-share history. This is accounting history, not a forecast.

PeriodRevenueYoYDiluted EPSShare change
2021-12-31$276.9M-10.7%$1.86+16.8%
2022-12-31$463.9M+67.6%$-0.74-17.6%
2023-12-31$566.8M+22.2%$1.29+23.5%
2024-12-31$631.4M+11.4%$1.86-3.3%
2025-12-31$780.6M+23.6%$1.73-1.8%

What management says matters

Persistent and emerging business drivers

Credit and interest ratesmixed · 3 filings
Interest expense from term loans was materially consistent in 2025 compared to 2024 due to the refinancing of our term loans in the third quarter of 2024 and the fourth quarter of 2025, which resulted in a lower interest rate offset by a higher principal bala…
10-K · Feb 26, 2026
Legal and regulatory exposuremixed · 2 filings
The Nucynta litigation currently remains subject to the bankruptcy stay.
10-Q · Nov 6, 2025

Valuation discipline

Descriptive valuation snapshot

Price/sales 1.2× · EV/sales 0.9×. Comparisons use only industry-matched filing peers.

Scenario scaffold

Mechanical 2.0-year scenarios are available as editable assumptions, not consensus.

Price action

How the market is pricing the story

22.98-1.7% today

Jodie does not have enough daily observations to draw a useful short-term chart for this asset. The latest quoted price was checked 10 Sept, 15:55 GMT-4; this is a coverage limitation, not a flat-price conclusion.

Developments

No sourced recent-development timeline yet

Jodie has not returned a relevant primary source or news item for COLL. This is an evidence-coverage gap, not a conclusion that nothing material happened.

Business and financial condition

Reported financial figures are not available yet

Jodie has not returned structured SEC XBRL fundamentals for this asset. This is a coverage limitation, not an assessment of the business or its financial health.

Filing analysis

No comparable filing assessment is available yet

Jodie has not yet found a suitable current-versus-prior filing comparison for COLL. This does not mean the latest filing was neutral or immaterial.

Business ecosystem

The relationships behind COLL

Customers, suppliers, partners and competitors named in company filings—not inferred from headlines.

Depends on

TMOThermo Fisher Scientific Inc.supplierFeb 26, 2026

To date, we have produced Xtampza ER through a contract manufacturing organization, Patheon, a subsidiary of Thermo Fisher Scientific, pursuant to a third-party supply agreement.

SGIOFFiling-linked namepartnerMay 7, 2026

We are party to a license agreement with Grünenthal Gmbh (the “Grünenthal License”) pursuant to which we license the right to commercialize the Nucynta Products in the United States and its territories and a license agreement with Shionogi (the “Shionogi Lice…

TAKTakeda Pharmaceutical Company LimitedpartnerFeb 26, 2026

Tupper held several roles of increasing responsibility at Shire Pharmaceuticals (acquired by Takeda in 2019) including Vice President, U.S.

Filing peers

Companies whose filings use similar operating language.

Open the three relationships above to see Jodie’s filing proof. Pro unlocks 4 more links, every receipt, and alerts when connected names begin moving. Unlock the full network →

What is moving around it

Live connections

COLL is currently a Participant in the organic co-movement group No Coherent Theme. This group is discovered from market behaviour rather than assigned from an industry taxonomy. 3 filing-linked names are in the relationship map; none is currently confirmed as moving with the group.

This group is retained as the last observed read for COLL; it is not active in the latest market snapshot.

Context history

Theme membership history

No durable theme membership has been observed for this name yet.