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HRTX

Heron Therapeutics, Inc.

Sector: healthcareBiotechnologyNASDAQMarket Cap: $186.4M

Heron Therapeutics is a specialty pharma company focused on acute-care pain management with minimal political engagement and no material government revenue dependence.

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Govt Dependence
15/100
Regulatory Density
65/100
Lobbying Intensity
5/100
Political Signal
LOW

BusinessWhat HRTX does

Heron develops and commercializes innovative IV pain management and anesthesia products, primarily for hospital and surgical settings. Revenue derives from specialty pharmaceutical sales to healthcare systems and providers, with no significant Medicare/Medicaid or government contract exposure.

12 months past · 3 months futureHRTX activity timeline

$2$1$0 OctNovDecJan '26FebMarAprMayJunJulAugSepOctNovDec ↓ PAST — recorded activity ↑ FUTURE — scheduled markups · pending votes TODAY · Sep 14 $1.49 hi $0.30 lo $0.34 CONGRESS 6 INSIDERS 0 13F FUNDS 30 BILLS 34 Renaissance Technologies · - $1375M · 2026-03-31Two Sigma Investments · - $254M · 2026-03-31Renaissance Technologies · + $4M · 2025-09-30D.E. Shaw & Co. · holds $4M · 2025-12-31D.E. Shaw & Co. · - $3M · 2025-09-30Renaissance Technologies · - $2M · 2025-12-31Citadel Advisors · + $2M · 2025-09-30Citadel Advisors · - $2M · 2025-12-31Two Sigma Investments · + $1M · 2025-12-31Two Sigma Investments · - $1M · 2025-09-30 HR.184 · committee · 2026-05-21HR.109 · committee · 2025-12-19 MARKUP · House Appropriations Subcommittee on Financial Services and · 2026-09-15MARKUP · House Energy and Commerce Subcommittee on Energy · 2026-09-15MARKUP · House Appropriations Subcommittee on Departments of Transpor · 2026-09-15MARKUP · Senate Finance · 2026-09-15MARKUP · House Energy and Commerce Subcommittee on Health · 2026-09-15MARKUP · House Education and Workforce Subcommittee on Health, Employ · 2026-09-15MARKUP · Senate Health, Education, Labor, and Pensions · 2026-09-16MARKUP · House Appropriations Subcommittee on National Security, Depa · 2026-09-16MARKUP · House Education and Workforce Subcommittee on Higher Educati · 2026-09-16
Congress
buy sell
Insider · Form 4
open-market buy
Hedge fund · 13F
opened + added − trimmed closed holds
Bills
past action (this ticker) upcoming markup (sector) carveout (this ticker)
248 trading days · 0 congressional trades shown · 0 insider buys · 10 13F filings · 2 past bill actions · 9 upcoming markups

Lifetime Government AwardsHRTX federal contracts

HRTX doesn't hold direct federal contracts.

Verified via USASpending.gov: $0 reported in direct prime-contract awards. Companies in this position typically sell federal services indirectly through prime contractors and integrators (e.g., Lockheed Martin, Booz Allen, Microsoft Azure) or through commercial channels that don't appear in USASpending data.

Smart Money · 13F HoldingsHedge funds holding HRTX

$1.63B
Total HRTX held by tracked 13F funds
4
Funds with HRTX positions
Renaissance Technologies $1.37B -10% 2026-03-31
Two Sigma Investments $254M -68% 2026-03-31
D.E. Shaw & Co. $4M holds 2025-12-31
Citadel Advisors $2M -23% 2025-12-31

Congressional TradesWho in Congress is trading HRTX

2022-06-02 Ro Khanna D-California · house Purchase $1,001 - $15,000
2022-06-02 Ro Khanna D-California · house purchase $1,001 - $15,000
2021-09-28 Ro Khanna D-California · house Purchase $1,001 - $15,000
2021-09-28 Ro Khanna D-California · house purchase $1,001 - $15,000
2021-03-31 Ashley Hinson R-Iowa · house Sale $1,001 - $15,000
2021-03-31 Ashley Hinson R-Iowa · house sale $1,001 - $15,000
6+ trades on file · most recent 2022-06-10

Corporate Insiders · Form 4What CEOs, CFOs, and directors are doing with their own stock

No Form 4 activity recorded in the last 180 days.

Bills Affecting HRTXLive legislation impacting this stock

Political ProfileWhere HRTX sits in Washington

Heron has no active lobbying presence, zero politician trades, and no named legislative winners/losers. Stock movement driven by clinical trial data, FDA decisions, and commercial execution rather than political events.

Regulatory ExposureThreats & opportunities

Regulatory threats

  • Medicare drug price negotiation expansion
  • FDA approval delays

Regulatory opportunities

  • Expedited approval pathways (Breakthrough Therapy)
  • Orphan drug incentives
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Frequently AskedAbout HRTX & political exposure

Does Heron Therapeutics, Inc. (HRTX) hold federal contracts?
No direct prime contracts reported in USASpending.gov for Heron Therapeutics, Inc.. Companies in the semiconductor and AI hardware sectors often sell to the federal government via prime contractors and cloud resellers (Microsoft Azure, AWS, Lockheed Martin systems integration) rather than as direct primes.
Has Congress traded HRTX stock?
6 congressional trades by 2 unique members of Congress, most recently on 2022-06-02. See the Congressional Trading panel for politician-by-politician breakdown.
What is HRTX political risk profile?
Government dependence: 15/100. Lobbying intensity: 5/100. Political signal: low.
How does GovGreed track HRTX political activity?
GovGreed integrates STOCK Act congressional trade disclosures, FEC contributions, OGE executive-branch disclosures, USASpending federal contracts, Senate LDA lobbying filings, and SEC Form 4 corporate insider trades into a single queryable graph. HRTX data is updated daily from these official federal sources.