Brief: Trevena Believes Prelim Estimate Of Cash, Cash Equivalents, Marketable Securities Will Be Sufficient To Fund Operations Through Year-End 2023
09/05/2023 14:22
May 9 (Reuters) - Trevena Inc TRVN.O :
* TREVENA INC - BELIEVES PRELIM ESTIMATE OF CASH, CASH
EQUIVALENTS, MARKETABLE SECURITIES WILL BE SUFFICIENT TO FUND
OPERATIONS THROUGH YEAR-END 2023
* TREVENA INC - FUNDS RELATED TO OLINVYK MILESTONE PAYMENTS,
Q1
CASH, ARE EXPECTED TO EXTEND CASH RUNWAY UNTIL MID-2024
Further company coverage: TRVN.O
((Reuters.Briefs@thomsonreuters.com;))
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