Heron Therapeutics (HRTX) Misses Q1 EPS by 15c

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Heron Therapeutics Announces Financial Results for the Three Months Ended March 31, 2022 and Highlights Recent Corporate Updates

May 9, 2022 4:05 PM EDT

- ZYNRELEF® unit demand increased 68% in the first quarter compared to the prior quarter -

- Centers for Medicare and Medicaid Services approved a 3-year transitional pass-through status for ZYNRELEF beginning April 1, 2022 to support separate reimbursement outside of the surgical bundle payment for the HOPD setting of care -

- Oncology Care Franchise net revenue of $22.4 million in Q1 2022, a 13% increase over the prior quarter -

- Oncology Care Franchise full-year 2022 net revenue expected to be $89 million to $93 million... More