Welcome to our dedicated page for Heron Therapeutics news (Ticker: HRTX), a resource for investors and traders seeking the latest updates and insights on Heron Therapeutics stock.
Heron Therapeutics, Inc. reports commercial and financial developments for a commercial-stage biotechnology business focused on acute care and oncology products. News commonly covers revenue performance and guidance for the Acute Care franchise, including ZYNRELEF and APONVIE, as well as oncology product updates involving CINVANTI and the broader product portfolio.
Company updates also address APONVIE’s role as an FDA-approved IV NK-1 receptor antagonist for prevention of postoperative nausea and vomiting in adults, ZYNRELEF product-handling initiatives for hospital and ambulatory surgical center use, distribution and sales-force activity, intellectual-property matters, and board or governance changes.
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Heron Therapeutics, Inc. (HRTX) announced a study published in the Journal of Knee Surgery evaluating the safety and efficacy of ZYNRELEF as part of a non-opioid multimodal analgesic regimen for total knee arthroplasty (TKA). The study found over 80% of patients did not experience severe pain post-surgery, with 12% remaining opioid-free. ZYNRELEF demonstrated improved pain control compared to standard treatments, showing no safety concerns. The company emphasizes the need for controlled trials to confirm these promising results and maintain ZYNRELEF's potential in outpatient settings.
Heron Therapeutics, Inc. (Nasdaq: HRTX) announced its participation in the 2022 Jefferies Global Healthcare Conference on June 8, 2022, at 8:30 am ET. The event runs from June 8-10 in New York, NY. A live webcast will be available on their website under the Investor Resources section. Heron focuses on developing therapeutic innovations to enhance medical care for patients, particularly in acute care and oncology.
Heron Therapeutics (HRTX) presented interim data from a Phase 2 study of ZYNRELEF at the SOAP 54th Annual Meeting. ZYNRELEF, approved for postoperative analgesia, showed low levels of bupivacaine and meloxicam in breast milk post-administration in women undergoing C-sections. Results indicated ZYNRELEF was well-tolerated and effectively reduced postoperative opioid use, with 27% of patients experiencing opioid-free recovery. The findings suggest ZYNRELEF could significantly enhance pain management for postpartum women while minimizing opioid exposure.
Heron Therapeutics (HRTX) reported Q1 2022 net product sales of $23.5 million, marking a year-over-year increase from $20 million. ZYNRELEF unit demand rose by 68%, supported by CMS's approval of a 3-year transitional pass-through status starting April 1, enabling separate reimbursements outside surgical bundle payments. Additionally, the company's oncology care franchise generated $22.4 million in net revenue, a 13% rise over the prior quarter, with full-year guidance set between $89 million and $93 million. However, net loss increased to $63.9 million, or $0.63 per share.
Heron Therapeutics (HRTX) announced a conference call for May 9, 2022, at 4:30 p.m. ET to discuss its first quarter financial results and recent business highlights. The call can be accessed via telephone or web, and an archive will be available for 60 days. The company is focused on developing best-in-class treatments aimed at fulfilling unmet patient needs in acute care and oncology. Caution is advised regarding forward-looking statements due to inherent risks and uncertainties.
Heron Therapeutics, Inc. (Nasdaq: HRTX) will participate in a fireside chat at the 21st Annual Virtual Needham Healthcare Conference on April 11, 2022, at 8:00 am PT. The event aims to discuss the company's innovative approaches to addressing unmet patient needs in acute care and oncology through best-in-class treatments. A live webcast will be available on the company's website in the Investor Resources section. For more information about Heron and its products, please visit www.herontx.com.
Heron Therapeutics announced that the Centers for Medicare & Medicaid Services (CMS) approved transitional pass-through status for ZYNRELEF, effective April 1, 2022. This status allows ZYNRELEF to be reimbursed separately in Hospital Outpatient Departments (HOPD) and Ambulatory Surgical Centers (ASC) for three years, enhancing access for patients needing postoperative pain relief. With 72% of ZYNRELEF procedures occurring in outpatient settings, this approval positions Heron advantageously against competitors. ZYNRELEF is the first dual-acting local anesthetic approved for up to 72 hours of pain relief following various surgical procedures.
Heron Therapeutics, Inc. announced that Health Canada has approved ZYNRELEF, an extended-release local anesthetic, for postoperative analgesia following specific surgeries. This product is notable as it's the only extended-release bupivacaine approved in Canada, combining bupivacaine and meloxicam to enhance pain relief while reducing opioid use. The company intends to expand ZYNRELEF's indications and reduce costs through manufacturing supplements. This approval is seen as a significant step in addressing the opioid crisis.
Heron Therapeutics, Inc. (Nasdaq: HRTX) will participate in a fireside chat at the 42nd Annual Cowen Healthcare Conference on March 7, 2022, at 11:10 am PT. The live webcast will be accessible on their website in the Investor Resources section. As a commercial-stage biotechnology company, Heron focuses on developing innovative treatments for unmet patient needs in acute care and oncology. Their advanced science and patented technologies have led to a unique portfolio aimed at enhancing standards of care. More information is available at www.herontx.com.