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Heron Therapeutics Announces Appointment of Michael Kaseta to Board of Directors Heron Therapeutics, Inc. (Nasdaq: HRTX), a commercial-stage biotechnology company, announced today the appointment of Michael Kaseta to its Board of...

Key Takeaway: Heron Therapeutics has appointed Michael Kaseta to its Board of Directors. Kaseta brings a wealth of experience in corporate finance and biopharma commercialization, having held leadership roles at several companies including Liquidia Corporation and Aerami Therapeutics. CEO Craig Collard expressed confidence in Kaseta's ability to contribute to the company's growth and innovation in therapeutic products.
Price reaction · baseline $1.78 (2024-11-01 close) · clean, no other HRTX news in the window
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Market Sentiment Analysis

POSITIVE FACTORS

  • Appointment of Michael Kaseta brings extensive experience.
  • Kaseta's background includes leadership roles in biopharma.
  • Heron Therapeutics aims to improve patient lives with innovative therapies.

BiopharmaWatch Analysis

From our catalyst data and publicly available data · not financial advice
Best trade, last catalyst
+23%
120-day peak, hindsight
Typical move
9.9%
average across 6 past catalysts
Cash runway
~58 mo
Minimal dilution risk
Lead asset
HTX-011A
Phase 2 · Postoperative Pain

Full Press Release Details

SAN DIEGO , Nov. 4, 2024 /PRNewswire/ -- Heron Therapeutics, Inc. (Nasdaq: HRTX ), a commercial-stage biotechnology company, announced today the appointment of Michael Kaseta to its Board of Directors. Mr. Kaseta has an extensive background spanning corporate finance, business strategy, and the commercialization of biopharma products in large pharmaceutical companies and small biotech companies.
Mr. Kaseta currently serves as the Chief Financial Officer and Chief Operating Officer of Liquidia Corporation, a biopharmaceutical company developing innovative therapies for patients with rare cardiopulmonary diseases. Prior to Liquidia, Mr. Kaseta served as the Chief Financial Officer at Aerami Therapeutics, Inc., a private biotech company focused on the development of improved therapies for the treatment of severe respiratory diseases, including pulmonary arterial hypertension. Previously, Mr. Kaseta served as the Chief Financial Officer at Aralez Pharmaceuticals, Inc., and spent eleven years at Sanofi S.A. in a variety of financial roles, culminating in the Chief Financial Officer role at Sanofi North America, Global Services. In this role he managed a $10 billion business covering several product launches and more than 100 products across eight therapeutic areas. Mr. Kaseta holds a BBA in accounting from James Madison University , is a CPA (inactive) licensed in the state of New Jersey , and serves as a director of Bryn Pharma.
"We are excited to welcome Mike and his deep experience in commercial biotechnology leadership to Heron's Board of Directors," said Craig Collard , Chief Executive Officer of Heron. "I look forward to working with Mike more closely and I am confident that he will be an important asset to the Board as we drive continued growth of our existing portfolio of proprietary products focused on improving the lives of patients."
About Heron Therapeutics, Inc.
Heron Therapeutics, Inc. is a commercial-stage biotechnology company focused on improving the lives of patients by developing and commercializing therapeutic innovations that improve medical care. Our advanced science, patented technologies, and innovative approach to drug discovery and development have allowed us to create and commercialize a portfolio of products that aim to advance the standard-of-care for acute care and oncology patients. For more information, visit www.herontx.com .
Forward-looking Statements
This news release contains "forward-looking statements" as defined by the Private Securities Litigation Reform Act of 1995. Heron cautions readers that forward-looking statements are based on management's expectations and assumptions as of the date of this news release and are subject to certain risks and uncertainties that could cause actual results to differ materially. These risks and uncertainties include, but are not limited to, risks and uncertainties identified in the company's filings with the Securities and Exchange Commission. Forward-looking statements reflect our analysis only on their stated date, and Heron takes no obligation to update or revise these statements except as may be required by law.
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Frequently Asked Questions

Who is Michael Kaseta?

Michael Kaseta is the newly appointed member of Heron Therapeutics' Board of Directors.

What experience does Kaseta bring?

Kaseta has extensive experience in corporate finance and biopharma commercialization.

What role does Kaseta currently hold?

He is currently the Chief Financial Officer and Chief Operating Officer at Liquidia Corporation.

What is Heron Therapeutics focused on?

Heron Therapeutics develops and commercializes therapeutic innovations to improve patient care.

Last updated: Nov 4, 2024