earnings
confidence high
sentiment neutral
materiality 0.55
Trevi Therapeutics Q2 net loss $12.4M; RIVER trial ~80% enrolled, topline Q4 2024
Trevi Therapeutics, Inc.
2024-Q2 EPS reported
-$0.23
- Q2 2024 net loss of $12.4M vs $7.1M in Q2 2023; R&D expenses $10.0M, up from $5.8M.
- Cash and equivalents $69.5M; cash runway expected into 2026.
- Phase 2a RIVER trial (RCC) ~80% enrolled; topline data expected Q4 2024.
- Phase 2b CORAL trial (IPF cough) sample size re-estimation expected Q4 2024; topline H1 2025.
- Appointed Margaret Garin, MD, MSCR as VP of Clinical Development.