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Stock impact report

Heron Therapeutics: Update After HTX-011 Nerve Block Results [Seeking Alpha]

Heron Therapeutics, Inc. (HRTX) 
Last heron therapeutics, inc. earnings: 3/2 07:30 am Check Earnings Report
US:NASDAQ Investor Relations: herontherapeutics.gcs-web.com/investor-home
Company Research Source: Seeking Alpha
Summary Heron Therapeutics ( HRTX ) rallied last week after reporting positive phase 2b results of HTX-011 in two nerve block procedures. The company also announced that HTX-011 received Breakthrough Therapy Designation from the FDA. The phase 2b results confirm HTX-011’s excellent efficacy and safety profile, though the company does not seem interested in pursuing this indication immediately, at least based on what CEO Quart said on last week’s investor call. I am increasing my price target from $35 to $45 and after including the additional shares to be issued in this week's offering. Heron remains a core holding in our Growth Stock Forum model portfolio despite gains reaching almost 200% since the stock was added to the portfolio in early 2017. HTX-011 confirms good efficacy and safety profile in two phase 2b nerve block trials Heron reported positive phase 2b results of HTX-011 in two nerve block procedures. The outcome is not surprising since HTX-011 has already been Show less Read more
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