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ARTICLE | Financial News

Pain company Heron raises $156M follow-on

March 30, 2018 3:17 PM UTC

Pain company Heron Therapeutics Inc. (NASDAQ:HRTX) raised $156 million on March 29 via the sale of 6 million shares at $26 in a follow-on underwritten by Jefferies, Cowen, Evercore ISI, Cantor, JMP Securities, LifeSci Capital, Lake Street Capital Markets, National Securities, Noble Capital Markets and Northland Capital Markets.

The price is a 5% discount to Heron's March 28 close of $27.50. The company announced and priced the offering after market hours...