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Last $30.20 USD
Change Today -0.65 / -2.11%
Volume 267.3K
HRTX On Other Exchanges
As of 8:10 PM 07/2/15 All times are local (Market data is delayed by at least 15 minutes).

heron therapeutics inc (HRTX) Snapshot

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52 Week High
06/22/15 - $34.03
52 Week Low
10/13/14 - $6.51
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heron therapeutics inc (HRTX) Details

Heron Therapeutics, Inc., a biotechnology company, develops products to address unmet medical needs using its proprietary Biochronomer polymer-based drug delivery platform in the United States. Its drug delivery platform is designed to enhance the therapeutic profile of injectable pharmaceuticals. The company’s lead product candidate includes SUSTOL (granisetron injection, extended release), which is in Phase III clinical trial for the prevention of acute- and delayed-onset chemotherapy-induced nausea and vomiting. It is also developing HTX-011 that is in Phase I clinical trial for the management of post-operative pain; HTX-019, an injectable neurokinin-1 receptor antagonist for the prevention of chemotherapy induced nausea and vomiting; and HTX-003, a formulation of buprenorphine for the management of chronic pain and opioid addiction. The company was formerly known as A.P. Pharma, Inc. and changed its name to Heron Therapeutics, Inc. in January 2014. Heron Therapeutics, Inc. was founded in 1983 and is headquartered in Redwood City, California.

59 Employees
Last Reported Date: 03/13/15
Founded in 1983

heron therapeutics inc (HRTX) Top Compensated Officers

Chief Executive Officer and Director
Total Annual Compensation: $540.8K
President and Director
Total Annual Compensation: $540.8K
Chief Financial Officer and Vice President of...
Total Annual Compensation: $285.0K
Senior Vice President of Technical Operations
Total Annual Compensation: $395.0K
Compensation as of Fiscal Year 2014.

heron therapeutics inc (HRTX) Key Developments

Heron Therapeutics, Inc. Approves the Amendment to the Bylaws

On June 29, 2015, the board of directors of Heron Therapeutics, Inc. approved and adopted the amended and restated bylaws of the company. The bylaws include a number of updated provisions, including: specifying that certain provisions of the bylaws may not be amended or repealed without the affirmative vote of the holders of at least 66-2/3% of the voting rights of the company, voting together as a single class; providing for uncertificated shares of the Company's capital stock; a forum selection clause specifying Delaware as the sole and exclusive forum for derivative or breach of duty suits or proceedings, claims relative to the general corporation law of Delaware, the certificate of incorporation or bylaws of the company, or suits pertaining to the internal affairs of the company; and the addition of an outside date for stockholder proposals and director nominations and informational requirements in connection with such proposals and director nominations.

Heron Therapeutics, Inc. Initiates Phase 2 Clinical Trial of HTX-011 for the Treatment of Post-Operative Pain

Heron Therapeutics, Inc. announced that it has initiated a Phase 2 clinical trial of HTX-011, the company’s lead product candidate for the prevention of post-operative pain, following clearance from the U.S. Food and Drug Administration of its Investigational New Drug application for HTX-011. HTX-011, which utilizes Heron’s proprietary Biochronomer drug delivery technology, is a long-acting formulation of the local anesthetic bupivacaine in a fixed-dose combination with the anti-inflammatory meloxicam. The placebo-controlled, dose-finding, Phase 2 clinical trial in approximately 60 patients undergoing bunionectomy will evaluate the efficacy and safety of HTX-011, containing 200 mg or 400 mg of bupivacaine combined with meloxicam, compared to placebo. In a previously completed, placebo-controlled, Phase 1 clinical trial of HTX-011 in healthy volunteers, the desired pharmacokinetic profile for both bupivacaine and meloxicam was achieved, with therapeutically relevant drug levels of bupivacaine sustained for 2-3 days. Heron anticipates reporting top-line results from this Phase 2 clinical trial in the second half of 2015.

Heron Therapeutics Seeks Acquisitions

Heron Therapeutics, Inc. (NasdaqCM:HRTX) has filed a follow-on equity offering. Heron Therapeutics said, "We intend to use the net proceeds from the sale of the shares of common stock offered hereby primarily for general corporate purposes, which include, but are not limited to, the commercial launch of SUSTOL, if approved, funding ongoing and future clinical trials, preclinical development work, general and administrative expenses, or other product development activities. We may also use a portion of the net proceeds to acquire or invest in complementary businesses, products and technologies or to pay off outstanding indebtedness."


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