earnings
confidence high
sentiment positive
materiality 0.80
Trevi Therapeutics Reports Q4 and Full Year 2024 Financial Results and Provides Positive Clinical Updates
Trevi Therapeutics, Inc.
- Announced positive topline data from Phase 2a RIVER trial in refractory chronic cough, meeting primary endpoint with 57% placebo-adjusted reduction in 24-hour cough frequency.
- Completed enrollment in Phase 2b CORAL trial in IPF patients with chronic cough, topline data expected Q2 2025.
- Sample size re-estimation for CORAL trial reaffirmed original sample size of 160 patients.
- Ended 2024 with $107.6 million cash, expected runway into H2 2026.
- Net loss for 2024 was $47.9 million, compared to $29.1 million in 2023.