Full-Time

Associate General Counsel

Corporate & Transactions

Posted on 8/29/2025

Collegium Pharmaceutical

Collegium Pharmaceutical

501-1,000 employees

Specialty biopharmaceuticals developing extended-release pain medications

Compensation Overview

$280k - $297k/yr

Canton, MA, USA

Hybrid

Required to be onsite in Stoughton, MA on Tuesday, Wednesday, and Thursday.

Category
Legal & Compliance (2)
,
Requirements
  • Bachelors and JD degree required
  • 10+ years of legal experience, with at least 3 years at a top law firm; in-house experience at a public life sciences or pharmaceutical company strongly preferred
  • Significant experience managing M&A and other strategic transactions
  • Familiarity with public company governance and securities laws (’34 Act)
  • Strong project management and cross-functional collaboration skills
  • Demonstrated ability to work independently and exercise sound legal and business judgment in a fast-paced environment
  • Experience with acquisition-driven growth models or smaller-cap public companies
  • Comfortable handling both high-level strategic matters and hands-on execution
  • Flexible, solutions-oriented, and able to prioritize effectively across a wide range of issues
Responsibilities
  • Lead the legal aspects of corporate transactions, including mergers, acquisitions, divestitures, asset purchases, joint ventures, and strategic collaborations, in collaboration with the General Counsel, and manage outside counsel on respective matters
  • Regularly engage in due diligence, drafting and negotiation of term sheets and definitive agreements, and post-closing integration matters
  • Partner closely and advise cross-functional teams (Business Development, Finance, HR, Regulatory, etc.) to align legal strategy with business objectives
  • Draft, review, and negotiate commercial contracts in partnership with key stakeholders and external parties (including outside counsel) as necessary
  • Provide legal support for SEC and Nasdaq compliance, including annual and quarterly filings (10-K, 10-Q, 8-K, proxy statements)
  • Provide legal support relating to insider trading compliance, Section 16 filings, 10b5-1 plans and equity compensation matters
  • Provide legal support relating to the company’s credit facility
  • Prepare and assist with preparation of communications and updates for Executive Committee and Board of Directors regarding status of legal matters as needed
  • Advise on dispute resolution relating to the company’s significant business and contractual relationships as needed
  • Advise on governance best practices, including monitoring corporate governance trends and regulatory requirements
  • Assist with corporate secretarial matters, entity governance and subsidiary management
  • Advise on legal risks and opportunities related to corporate structure and operations
  • Develop and improve internal processes, policies, and templates to support business efficiency and legal compliance
Desired Qualifications
  • In-house experience at a public life sciences or pharmaceutical company strongly preferred
Collegium Pharmaceutical

Collegium Pharmaceutical

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Preparing summary...

Company Size

501-1,000

Company Stage

IPO

Headquarters

Cumberland, Maryland

Founded

2002

Simplify Jobs

Simplify's Take

What believers are saying

  • Jornay PM Q1 2026 revenue hit $38.9 million, up 36% year-over-year.
  • AZSTARYS acquisition closes Q2 2026, projecting $50 million H2 2026 revenue.
  • 30,000 Jornay prescribers drive $190-200 million full-year 2026 guidance.

What critics are saying

  • Nucynta ER loses all revenue to generics mid-2026, slashing pain sales.
  • Adhansia XR erodes 20% of Jornay 2026 revenue via afternoon coverage.
  • Vyvanse caps Jornay growth at $150 million with 40% market dominance.

What makes Collegium Pharmaceutical unique

  • Jornay PM offers evening-dosed methylphenidate for ADHD morning symptom control.
  • AZSTARYS combines serdexmethylphenidate prodrug with dexmethylphenidate for dual-release.
  • Portfolio features tamper-resistant extended-release for pain and ADHD.

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Benefits

Hybrid Work Options

Growth & Insights and Company News

Headcount

6 month growth

-9%

1 year growth

-12%

2 year growth

-7%
Yahoo Finance
Mar 26th, 2026
Collegium Pharmaceutical shares drop 26.8% as Q4 guidance disappoints despite $205.4M revenue

Collegium Pharmaceutical reported Q4 revenues of $205.4 million, up 12.9% year-on-year, meeting analysts' expectations. However, the quarter delivered mixed results, with full-year revenue guidance beating expectations but earnings per share significantly missing estimates. The branded pharmaceuticals sector faces tailwinds from precision medicine advancements and AI adoption in drug development, but confronts challenges including regulatory scrutiny, pricing pressures and patent cliffs forcing competition from generics. CEO Vikram Karnani highlighted progress on strategic priorities, including growth for Jornay PM and maximising the pain portfolio. However, Collegium delivered the weakest full-year guidance amongst its peers. Shares have fallen 26.8% since the earnings report and currently trade at $33.51. The 10 branded pharmaceuticals stocks tracked reported mixed Q4 results, with revenues missing consensus estimates by 1.6% on average.

Yahoo Finance
Mar 25th, 2026
Collegium Pharmaceutical executive sells 50,000 shares worth $2M under pre-set plan

Scott Dreyer, Executive Vice President and Chief Commercial Officer of Collegium Pharmaceutical, sold 49,976 shares of common stock in open-market transactions on 3 March 2026, worth $2 million, according to an SEC Form 4 filing. The sale was executed under a Rule 10b5-1 trading plan established in September 2025, which allows executives to sell shares at predetermined times to avoid trading on inside information. The transaction represents 41% of Dreyer's direct holdings, substantially larger than his historical median sale of 15,387 shares. Following the transaction, Dreyer retains 71,770 shares held directly, valued at approximately $2.4 million. Collegium Pharmaceutical develops specialty pain management products including Xtampza ER and Nucynta ER/IR, with a market capitalisation of $1.1 billion.

Collegium Pharmaceutical
Mar 20th, 2026
Collegium to Acquire AZSTARYS® from Corium Therapeutics, Strengthening Position in ADHD and Accelerating Growth Trajectory – Collegium Pharmaceutical Inc.

The Investor Relations website contains information about Collegium Pharmaceutical Inc.'s business for stockholders, potential investors, and financial analysts.

AllSci
Mar 19th, 2026
Collegium acquires ADHD drug Azstarys from Corium Therapeutics for USD 650m plus milestones.

Collegium acquires ADHD drug Azstarys from Corium Therapeutics for USD 650m plus milestones. March 19, 2026 Collegium Pharmaceutical, based in Stoughton, Massachusetts, announced a definitive agreement to acquire Azstarys from Corium Therapeutics Holdings for USD 650 million in cash at closing, with up to USD 135 million in additional milestone payments tied to commercial and regulatory targets. The Collegium Azstarys acquisition covers a marketed central nervous system stimulant indicated for attention deficit hyperactivity disorder in patients aged six and older. Corium Therapeutics, a privately held company headquartered in Cambridge, Massachusetts, markets and distributes the product through its subsidiaries. The transaction is expected to close in Q2 2026, subject to Hart-Scott-Rodino approval and other customary conditions (source). Azstarys is a fixed-dose combination capsule containing serdexmethylphenidate and dexmethylphenidate, representing a differentiated ADHD treatment combining both immediate-release and long-acting components. Serdexmethylphenidate is a prodrug of dexmethylphenidate. The dexmethylphenidate component provides the immediate-release onset, while the prodrug undergoes enzymatic conversion to deliver extended exposure. Both components act on dopamine and norepinephrine reuptake in the central nervous system. The product generated more than 760,000 prescriptions in 2025 and is expected to produce over USD 50 million in second-half 2026 pro forma net revenue. Six Orange Book-listed patents support the product, most of which do not expire until December 2037. Collegium will fund the upfront payment through existing cash on hand and USD 300 million from a delayed draw term loan that is part of a syndicated credit facility announced in December 2025. The term loan carries interest at the term Secured Overnight Financing Rate plus a spread of 2.75% to 3.75%, depending on the company's first lien net leverage ratio. At closing, the rate will be SOFR plus 3.25%. Collegium expects post-close net leverage of approximately two times estimated 2026 combined adjusted EBITDA. The company stated the transaction is expected to be immediately accretive to adjusted EBITDA. Annual run-rate synergies are projected to exceed USD 50 million within twelve months of closing. The Collegium ADHD portfolio already includes Jornay PM, a delayed-release and extended-release methylphenidate capsule designed for evening dosing. Adding Azstarys gives Collegium a second commercialized ADHD product with a different release profile and dosing schedule. Collegium has historically operated in responsible pain management and has been expanding into neuropsychiatry. The Azstarys Corium deal extends the patent-protected revenue horizon of the combined ADHD portfolio to 2037. The ADHD stimulant market includes multiple methylphenidate and amphetamine-based products across immediate-release, extended-release, and prodrug formulations. Competitors targeting the same pharmacological class include: - Vyvanse (lisdexamfetamine) - Takeda - approved, amphetamine prodrug - Concerta (methylphenidate ER) - Janssen - approved, osmotic-release formulation - Adhansia XR (methylphenidate ER) - Adamas Pharmaceuticals - approved, multilayer extended-release Your email address will not be published. Required fields are marked *

Endpoints News
Mar 19th, 2026
Collegium is acquiring Corium's approved ADHD drug for $650M.

Collegium is acquiring Corium's approved ADHD drug for $650M. Biotech correspondent. Collegium Pharmaceutical is beefing up its portfolio in ADHD with the acquisition of Corium's FDA-approved drug Azstarys. The $650 million upfront deal carries up to... Get free access to a limited number of articles, plus choose newsletters to get straight to your inbox.

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