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Trevi Therapeutics (TRVI) Stock News, Feb-May 2024

TRVI NASDAQ

Trevi Therapeutics, Inc. reports news on its clinical-stage biopharmaceutical development of Haduvio, an oral extended-release formulation of nalbuphine, for chronic cough in patients with idiopathic pulmonary fibrosis, non-IPF interstitial lung disease, and refractory chronic cough. Company updates commonly cover clinical trial results and plans, FDA interactions, medical-conference presentations, intellectual property, and the investigational status of Haduvio.

Trevi also reports financing and corporate updates tied to its development strategy, including common stock offerings, quarterly financial results, cash runway commentary, and participation in healthcare investor events.

Rhea-AI Summary

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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FAQ

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

Trevi Therapeutics (TRVI) last closed at $14.91.

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

The market cap of Trevi Therapeutics (TRVI) is approximately $2.1B.