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Fly News Breaks for January 16, 2018
TSRO, HRTX
Jan 16, 2018 | 09:03 EDT
Cowen analyst Boris Peaker said the setback for Tesaro's (TSRO) Varubi regarding its label change is an incremental positive for Heron Therapeutics' (HRTX) Cinvanti. The analyst noted Heron launched Cinvanti for a similar indication but without anaphylaxis risk in the label. Peaker reiterated his Outperform rating and $40 price target on Heron Therapeutics shares.