Promising Growth and Strategic Initiatives Justify Buy Rating for Heron Therapeutics
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Brandon Folkes has assigned a Buy rating for Heron Therapeutics, citing promising growth driven by their third-quarter earnings report. Key products Zynrelef and Aponvie are entering a critical growth phase, with Zynrelef benefiting from a new permanent J-code that simplifies reimbursement. Year-over-year demand for Zynrelef is strong, supported by strategic initiatives like enhanced distributor incentives. Aponvie's sales growth is bolstered by a dedicated sales team, while stable Cinvanti revenues further indicate a positive outlook for the company.
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