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Trevvi Therapeutics Expands Third Quarter Losses and Changes Development Plans

Earnings Whispers +2 · ·by G4L

TRVI
TRVI Trevi Therapeutics Inc
$15.31 +6.84%
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  1. 1Trevvi Therapeutics recorded a net loss of $21.5 million.
  2. 2Trevvi Therapeutics' third-quarter loss per share of $0.13 represents a 62.5% year-over-year increase in loss compared to the previous year's $0.08 loss.
  3. 3Management explained that they reached a general consensus with the FDA regarding the development path for the non-IPF ILD program.

So what's the key point?

Trevvi Therapeutics reported a loss of $21.5 million in the third quarter. The company changed its business plans while aligning its drug development direction with a government agency.

Source Earnings Whispers +2 · View original ↗

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