earnings
confidence high
sentiment positive
materiality 0.75
Trevi Therapeutics reports Q1 net loss $13.2M; cash runway extended to 2030 after $162M offering
Trevi Therapeutics, Inc.
2026-Q1 EPS reported
-$0.09
- Net loss of $13.2M in Q1 2026 vs $10.3M YoY; R&D expenses $9.9M, G&A $5.0M.
- Cash, equivalents and marketable securities $171.8M at March 31; April offering net ~$162M.
- FDA alignment on Phase 3 plan for Haduvio in IPF-related chronic cough; first Phase 3 starts Q2 2026.
- Phase 2b in refractory chronic cough starts Q2 2026; Phase 2b in non-IPF ILD cough starts H2 2026.
- European patent granted for nalbuphine ER in IPF cough, expiration 2039.