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Trevi Therapeutics, Inc. - TRVI STOCK NEWS

Welcome to our dedicated page for Trevi Therapeutics news (Ticker: TRVI), a resource for investors and traders seeking the latest updates and insights on Trevi Therapeutics stock.

Trevi Therapeutics, Inc. (Nasdaq: TRVI) is a late-stage biopharmaceutical company devoted to addressing chronic pruritic conditions and chronic cough through its investigational therapy, Haduvio™ (oral nalbuphine ER). Haduvio is an oral extended-release formulation of nalbuphine, a synthetic opioid with a dual mechanism of action: as a ĸ-opioid receptor agonist and µ-opioid receptor antagonist. This unique mechanism has shown promise in clinical trials for reducing symptoms associated with chronic cough, particularly in idiopathic pulmonary fibrosis (IPF), refractory chronic cough (RCC), and prurigo nodularis, a dermatologic condition characterized by pruriginous lesions.

Trevi is advancing various pruritic conditions through clinical development, including prurigo nodularis, which currently has no approved therapies in the US or EU. The company's lead indication involves extensive studies and trials, such as the recent Phase 2b/3 PRISM (Pruritus Relief through Itch-Scratch Modulation) trial, which demonstrated Haduvio's efficacy and safety over 52 weeks.

In the chronic cough segment, Trevi's Haduvio is undergoing trials like the Phase 2a RIVER study for RCC and the Phase 2b CORAL trial for chronic cough in IPF. The RIVER trial is a double-blind, placebo-controlled study evaluating Haduvio's impact on 24-hour cough frequency, while the CORAL trial investigates three dose levels of Haduvio against a placebo in IPF patients, assessing endpoints like cough frequency reduction and quality of life improvements.

Trevi's innovative approach aims to provide relief where current treatments fail, supported by promising clinical data and ongoing trials. The company's commitment to addressing unmet medical needs is reflected in its thorough and transparent communication with investors and stakeholders, ensuring that all developments are promptly shared, including financial results and future plans.

For more detailed information on Trevi Therapeutics, its clinical trials, and its forward-looking statements, visit TreviTherapeutics.com and follow the company on Twitter and LinkedIn.

Rhea-AI Summary

Trevi Therapeutics reported its second quarter 2024 financial results and provided business updates. The company is developing the investigational therapy Haduvio™ for chronic cough in IPF and RCC. Key updates include:

1. RIVER Trial: Phase 2a trial in RCC is 80% enrolled with topline data expected in Q4 2024.

2. CORAL Trial: Phase 2b trial in IPF chronic cough with sample size re-estimation milestone in Q4 2024.

3. Financials: Ended the quarter with $69.5 million in cash and expected runway into 2026. R&D expenses increased to $10.0 million, G&A expenses to $3.3 million, leading to a net loss of $12.4 million.

4. Other studies include the HAP study and the TIDAL respiratory physiology study.

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Trevi Therapeutics (Nasdaq: TRVI), a clinical-stage biopharmaceutical company, has announced it will report its second quarter 2024 financial results and provide a corporate update on August 8, 2024. The company is developing Haduvio™ (oral nalbuphine ER) for treating chronic cough in idiopathic pulmonary fibrosis (IPF) and refractory chronic cough (RCC). A conference call and live audio webcast will be held at 4:30 p.m. ET on the same day.

Interested parties can join the call by dialing (877) 870 4263 (domestic) or (412) 317 0790 (international) and asking to join the Trevi Therapeutics call. A live audio webcast will be available on the company's website, with an archived replay accessible for 30 days following the event.

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Trevi Therapeutics (Nasdaq: TRVI), specializing in therapies for chronic cough, announced their participation in key investor and healthcare events in July and August 2024. Senior management, including CEO Jennifer Good and CFO Lisa Delfini, will represent the company at the Leerink Partners Therapeutics Forum on July 9-10 in Boston, MA. Additionally, two abstracts from Trevi's ongoing clinical trials, CORAL (Phase 2b) and RIVER (Phase 2a), have been accepted for presentation at the 13th London International Cough Symposium on July 18-19, 2024. The symposium will discuss advancements in chronic cough research and treatment. CEO Jennifer Good will also represent Trevi at Oppenheimer's Biotech in the Berkshires on August 5-7 in Lenox, MA, and the Stifel 2024 Biotech Summer Summit on August 12-14 in Newport, RI.

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Trevi Therapeutics, Inc., a clinical-stage biopharmaceutical company (Nasdaq: TRVI), will participate in upcoming investor, business development, and medical conferences in May and June. The company is focused on developing Haduvio™ for chronic cough in idiopathic pulmonary fibrosis and refractory chronic cough. Senior management will attend various events, including the Citizens JMP Life Sciences Conference, ATS 2024 International Conference, 2024 BIO International Convention, and Oppenheimer's 2024 Montauk Life Sciences Summit.

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Trevi Therapeutics, Inc. (Nasdaq: TRVI) reported Q1 2024 financial results and business updates, reaffirming guidance for Phase 2a RIVER trial and HAP Study. Topline data for both trials expected in 2024. IND cleared for Phase 1b trial. Key business updates include progress in clinical trials, with Phase 2a RIVER trial and Phase 2b CORAL trial enrollment ongoing. The company ended Q1 2024 with $72.8 million in cash. Financially, R&D expenses increased to $8.8 million, G&A expenses were $3.1 million, with a net loss of $10.9 million. Conference call/webcast and upcoming meetings announced for investor participation.

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Trevi Therapeutics, Inc. (Nasdaq: TRVI) will host a conference call and webcast on May 7, 2024, to discuss the corporate update and financial results for the first quarter of 2024. The company is developing Haduvio™ for chronic cough in IPF and RCC. Investors can participate via phone or webcast.

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Trevi Therapeutics announces data presentation on the reduction of cough bouts with nalbuphine ER in patients with IPF in the Phase 2 CANAL trial at the ATS 2024 International Conference.
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Trevi Therapeutics, Inc. (TRVI) will participate in key events in April 2024, including the 23rd Annual Needham Virtual Healthcare Conference and the European Pulmonary Fibrosis Foundation Patient Summit. The company will discuss the investigational therapy Haduvio™ for chronic cough in idiopathic pulmonary fibrosis and refractory chronic cough.
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Trevi Therapeutics appoints Margaret Garin, MD, MSCR, as Vice President of Clinical Development to advance Haduvio for chronic cough treatment. Dr. Garin brings over 14 years of industry and academic research experience, leading Phase 2b study and Phase 3 RCC program at Bellus Health.
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Trevi Therapeutics, Inc. (TRVI) announces financial results for Q4 2023, reiterates guidance for Phase 2a RIVER trial of Haduvio in RCC and Phase 2b CORAL trial for chronic cough in IPF. The company expects important data readouts in the second half of 2024, with enrollment progressing in ongoing trials. Trevi ended 2023 with $83.0 million in cash and cash equivalents, ensuring cash runway into 2026.
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FAQ

What is the current stock price of Trevi Therapeutics (TRVI)?

The current stock price of Trevi Therapeutics (TRVI) is $2.77 as of November 20, 2024.

What is the market cap of Trevi Therapeutics (TRVI)?

The market cap of Trevi Therapeutics (TRVI) is approximately 215.6M.

What is Trevi Therapeutics, Inc.?

Trevi Therapeutics, Inc. is a clinical-stage biopharmaceutical company developing therapies for chronic pruritic conditions and chronic cough, including prurigo nodularis and idiopathic pulmonary fibrosis (IPF).

What is Haduvio?

Haduvio (oral nalbuphine ER) is Trevi Therapeutics' investigational therapy designed to treat chronic cough and pruritic conditions, leveraging a dual mechanism of action.

What are the primary conditions Trevi Therapeutics is targeting?

Trevi focuses on chronic pruritic conditions, such as prurigo nodularis, and chronic cough conditions, including chronic cough in idiopathic pulmonary fibrosis (IPF) and refractory chronic cough (RCC).

What are the latest clinical trials conducted by Trevi Therapeutics?

Recent trials include the Phase 2b/3 PRISM trial for prurigo nodularis, Phase 2a RIVER trial for refractory chronic cough, and the Phase 2b CORAL trial for chronic cough in IPF.

Has Haduvio been proven effective?

Clinical trials, such as the PRISM and CANAL trials, have shown promising results, indicating Haduvio's potential in reducing chronic cough and pruritic symptoms.

Are there any approved therapies for the conditions Trevi Therapeutics is addressing?

Currently, there are no approved therapies for prurigo nodularis and chronic cough in idiopathic pulmonary fibrosis (IPF) in the US or EU. Trevi aims to fill this gap with Haduvio.

What are the next steps for Trevi Therapeutics in their clinical trials?

Trevi plans to analyze the data from ongoing trials, such as the RIVER and CORAL studies, and prepare for discussions with regulatory authorities regarding the next phases of development.

Where can investors find more information about Trevi Therapeutics?

Investors can visit Trevi's official website at www.TreviTherapeutics.com and follow the company on social media platforms like Twitter and LinkedIn.

What financial results were reported by Trevi Therapeutics in the latest quarter?

In the latest quarter, Trevi reported increased R&D expenses due to clinical trial costs, stable G&A expenses, and a controlled net loss in line with ongoing development activities.

How does Trevi Therapeutics ensure communication with its stakeholders?

Trevi maintains transparent communication through regular updates on its website, press releases, and participation in industry conferences and investor calls.

Trevi Therapeutics, Inc.

Nasdaq:TRVI

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215.61M
68.58M
1.18%
80.61%
2.23%
Biotechnology
Pharmaceutical Preparations
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United States of America
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