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COLL - Collegium Pharmaceutical: No Longer Speculative After A Year Of Profitability
Collegium Pharmaceutical Inc.
Despite the COVID -19 pandemic, Collegium Pharmaceutical had an impressive 2020. The company recorded a full year of profitability and commercial progress.
Collegium is off to a good start in 2021, with the company reporting Xtampza ER's quarter-to-date total script volume being up 13% over Q4.
Collegium was able to grow in the middle of the pandemic without a massive increase in OpEx. As a result, I am switching COLL out of my speculative portfolio.