Welcome to our dedicated page for Trevena news (Ticker: TRVN), a resource for investors and traders seeking the latest updates and insights on Trevena stock.
Trevena, Inc. (TRVN) is a biopharmaceutical company focused on medicines for central nervous system (CNS) disorders, and its news flow reflects both clinical and corporate developments. Company press releases highlight progress with its approved product OLINVYK (oliceridine) injection for acute pain in adults and its pipeline of investigational CNS candidates, including TRV045, TRV250 and TRV734.
News updates frequently cover clinical and preclinical data for TRV045, a highly selective S1P1 receptor modulator in development for neuropathic pain secondary to diabetic peripheral neuropathy and under exploration for epilepsy through collaborations such as the NIH-supported Epilepsy Therapy Screening Program. Trevena reports results from proof-of-concept studies, preclinical pain and epilepsy models, and ongoing formulation and toxicology work that inform the potential path toward later-stage development.
Investors can also follow commercial and strategic updates related to OLINVYK, including reductions in commercial support, strategic reviews of alternatives for the product, and discussions of how OLINVYK remains available for purchase while the company evaluates options such as sale, license, divestiture or discontinuation of U.S. commercial sales.
Trevena’s news includes capital markets and corporate actions, such as private placements, warrant exercises, royalty-based financing amendments, and a 1-for-25 reverse stock split. The company has reported decisions by the Nasdaq Hearings Panel to delist its common stock, the suspension of trading on Nasdaq, and the commencement of trading on the OTC Pink Open Market and subsequent identification of the OTC Expert Market as the trading venue in SEC filings.
For readers tracking TRVN, the news stream provides context on clinical progress, regulatory and safety information for OLINVYK, financing arrangements, cost-cutting measures, board and management changes, and the company’s ongoing strategic review of its assets.
Summary not available.
Summary not available.
Summary not available.
Summary not available.
Summary not available.
Summary not available.
Summary not available.
Trevena, Inc. (Nasdaq: TRVN) recently announced initial topline data from two real-world studies, VOLITION and ARTEMIS, focusing on their opioid, OLINVYK. In VOLITION, 52.2% of OLINVYK patients were GI complete responders, with over 90% feeling 'alert and calm' post-surgery. Meanwhile, ARTEMIS revealed a 1.6-day reduction in hospital stay (approximately 27%) compared to other IV opioids. The studies involved 203 patients in VOLITION and utilized EMR data from 96 OLINVYK and 457 matched patients in ARTEMIS. Initial results reflect positively on OLINVYK's efficacy in managing postoperative pain, though full respiratory outcome data is expected mid-2023.
Trevena Inc. (Nasdaq: TRVN) announced initial topline data from the OLINVYK studies, VOLITION and ARTEMIS, demonstrating positive gastrointestinal (GI) and cognitive outcomes. In the VOLITION study of 203 patients, the GI complete response rate was 52.2%, surpassing previous Phase 3 data. ARTEMIS indicated a statistically significant 1.6-day reduction in average hospital stay compared to other IV opioids. The company has $38.3 million in cash as of year-end 2022, sufficient to fund operations into Q4 2023. Additionally, two proof-of-concept studies for TRV045, a potential treatment for CNS disorders, are underway, with top-line data expected later this year.
Trevena, Inc. (Nasdaq: TRVN), a biopharmaceutical company, will release its fourth quarter and full year 2022 financial results on March 30, 2023, before market open. A conference call and webcast will follow at 8:00 a.m. ET, featuring executives including Carrie Bourdow, CEO, and Barry Shin, CFO. Trevena, known for OLINVYK (oliceridine) injection for acute pain management, is also exploring innovative therapies for CNS disorders with investigational drugs like TRV045 for neuropathic pain, TRV250 for migraines, and TRV734 for opioid use disorder. The webcast will be accessible on the company's website.