STOCK TITAN

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, Inc. (Nasdaq: TRVI) announced a virtual R&D Day scheduled for September 19, 2022, from 10 AM to 12:30 PM ET. The event will feature expert presentations from Dr. Peter Dicpinigaitis and Dr. Brian Kim, focusing on chronic cough and prurigo nodularis. Trevi will provide updates on its investigational therapy Haduvio (oral nalbuphine ER), which aims to address unmet needs in these conditions. Participants can register and access a live webcast of the event.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
4.26%
Tags
conferences
-
Rhea-AI Summary

Trevi Therapeutics, Inc. (TRVI) announced that two late-breaking abstracts have been accepted for oral presentations at upcoming medical conferences. The European Respiratory Society International Congress 2022, held in Barcelona from September 4-6, will feature data from the Phase 2 CANAL trial on the use of Haduvio™ (oral nalbuphine ER) for chronic cough in idiopathic pulmonary fibrosis (IPF). Similarly, the EADV Congress in Milan from September 7-10 will present findings from the Phase 2b/3 PRISM trial on prurigo nodularis. Both trials reported statistically significant efficacy results.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.69%
Tags
conferences
-
Rhea-AI Summary

Trevi Therapeutics reported positive results from the Phase 2b/3 PRISM trial of its investigational therapy, Haduvio™, for treating Prurigo Nodularis. The trial achieved its primary endpoint, with 25% of Haduvio patients showing a significant reduction in itch compared to 14% on placebo (p=0.0157). The company completed a $55 million private placement to support further clinical development. For Q2 2022, Trevi's total cash was $78.9 million, with a net loss of $8.1 million, improved from $9.8 million in Q2 2021.

Future data from the Phase 2 CANAL trial on chronic cough is expected later this quarter.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.75%
Tags
Rhea-AI Summary

Trevi Therapeutics, Inc. (NASDAQ: TRVI) announced its participation in two key conferences in August 2022. On August 16, CEO Jennifer Good will engage in a fireside chat at the Stifel Biotech Executive Summer Summit. On August 29, CMO Thomas Sciascia and Professor Toby Maher will co-host a workshop at the 6th Annual IPF Summit in Boston, emphasizing chronic cough treatment strategies. Trevi's investigational therapy Haduvio is being developed for prurigo nodularis and chronic cough in adults with idiopathic pulmonary fibrosis, with FDA Fast Track designation for itch treatment.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-4.44%
Tags
conferences
-
Rhea-AI Summary

Trevi Therapeutics (Nasdaq: TRVI) will host a conference call and live audio webcast on August 11, 2022, at 4:30 p.m. ET, to discuss its Q2 2022 financial results and provide a corporate update. The company is developing Haduvio (oral nalbuphine ER) as a treatment for prurigo nodularis and chronic cough in patients with idiopathic pulmonary fibrosis. Haduvio has received FDA Fast Track designation for the treatment of itch. More information can be accessed on the company’s website.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
7.71%
Tags
conferences earnings
-
Rhea-AI Summary

Trevi Therapeutics (Nasdaq: TRVI), a clinical-stage biopharmaceutical company, will participate in The Twelfth London International Cough Symposium on July 13-14, 2022. The event will focus on advancements related to acute and chronic cough, including novel treatments. Trevi is developing Haduvio (oral nalbuphine ER) aimed at treating prurigo nodularis and chronic cough in idiopathic pulmonary fibrosis patients. Haduvio has received Fast Track designation from the FDA for reducing pruritus in affected adults, though its efficacy is yet to be evaluated by regulatory authorities.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.61%
Tags
conferences
Rhea-AI Summary

Trevi Therapeutics (TRVI) announced positive results from its Phase 2b/3 PRISM trial evaluating Haduvio for treating prurigo nodularis. The trial achieved statistical significance with a 4-point reduction in the Worst Itch – Numerical Rating Scale (WI-NRS) for 25% of Haduvio patients compared to 14% for placebo (p=0.0157). Key secondary endpoints were also met. The drug's safety profile was consistent with prior studies. Topline results will be discussed in a conference call on June 29, 2022, at 8:30 am EDT, highlighting Haduvio's potential in addressing severe itching and enhancing quality of life.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
21.29%
Tags
none
-
Rhea-AI Summary

Trevi Therapeutics, Inc. (Nasdaq: TRVI) announced that its President and CEO, Jennifer Good, will present at the 2022 BIO International Convention on June 13 at 4 PM PT in San Diego, CA. The convention is expected to attract over 15,000 leaders in biotechnology and pharma, focusing on networking and partnership opportunities. Trevi is developing Haduvio™, an investigational therapy for pruritus in prurigo nodularis and chronic cough in idiopathic pulmonary fibrosis, and is currently conducting Phase 2b/3 and Phase 2 clinical trials for these conditions.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.4%
Tags
partnership conferences
-
Rhea-AI Summary

Trevi Therapeutics, Inc. (Nasdaq: TRVI) announced significant advancements in its clinical development for Haduvio, targeting chronic cough in idiopathic pulmonary fibrosis (IPF) and chronic pruritus in prurigo nodularis (PN). The Phase 2 CANAL trial demonstrated a 77.3% reduction in cough frequency, leading to expedited development. The company completed a private placement raising $55 million to fund further clinical trials. As of March 31, 2022, Trevi reported $29.1 million in cash and cash equivalents and a net loss of $7.3 million for the quarter.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
7.8%
Tags
Rhea-AI Summary

Trevi Therapeutics, Inc. (Nasdaq: TRVI) will host a conference call on May 12, 2022, at 4:30 p.m. EDT to discuss its Q1 2022 financial results and provide a corporate update. The call can be accessed via phone or through a live audio webcast on the company's website. Trevi is focused on developing Haduvio™, an investigational therapy aimed at treating pruritus in prurigo nodularis and chronic cough in idiopathic pulmonary fibrosis. Haduvio has received Fast Track designation from the FDA for its proposed indication.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-7.2%
Tags
conferences earnings

FAQ

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

The current stock price of Trevi Therapeutics (TRVI) is $2.73 as of November 21, 2024.

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

The market cap of Trevi Therapeutics (TRVI) is approximately 213.7M.

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

TRVI Rankings

TRVI Stock Data

213.69M
68.58M
1.18%
80.61%
2.23%
Biotechnology
Pharmaceutical Preparations
Link
United States of America
NEW HAVEN