Trevena

Trevena

Clinical stage biopharmaceutical company discovering and developing g-protein coupled receptors (gpcr) biased ligands.

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$2.0m

Post IPO Debt
Total Funding000k

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Revenues, earnings & profits over time
USD2017201820192020202120222023
Revenues0000000000000000000000000000
% growth-(1471 %)(99 %)9800 %(82 %)(174 %)(848 %)
EBITDA0000000000000000000000000000
% EBITDA margin16410 %(474 %)(74961 %)(961 %)(9158 %)13487 %(1218 %)
Profit0000000000000000000000000000
% profit margin17193 %(537 %)(80229 %)(957 %)(9098 %)12839 %(1289 %)
EV0000000000000000000000000000
EV / revenue00.0x00.0x00.0x00.0x00.0x00.0x00.0x
EV / EBITDA00.0x00.0x00.0x00.0x00.0x00.0x00.0x
R&D budget0000000000000000000000000000
R&D % of revenue(11716 %)276 %42874 %428 %2368 %(4357 %)523 %

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Trevena, Inc. is a biopharmaceutical firm with a sharp focus on the development and commercialization of therapeutics for central nervous system (CNS) disorders. The company was established in 2007, spinning out of Duke University with technology developed by its scientific founders. These founders include Drs. Robert J. Lefkowitz, a Nobel laureate, Howard A. Rockman, and Scott DeWire, whose deep backgrounds in G-protein coupled receptor (GPCR) research form the scientific bedrock of the company. Their collective expertise in molecular pharmacology and receptor biology has been instrumental in shaping Trevena's drug discovery platform. The company's business model centers on advancing its pipeline of product candidates through clinical development and securing regulatory approval to market them. Revenue generation is anticipated through product sales, licensing agreements, and strategic partnerships with larger pharmaceutical companies.

The company's lead commercial product is OLINVYK (oliceridine) injection, an opioid agonist approved by the FDA in August 2020. OLINVYK is indicated for the management of acute pain in adults in controlled clinical settings, such as hospitals, where alternative treatments are inadequate. It is designed to provide rapid and effective pain relief with a potentially more favorable safety and tolerability profile compared to conventional opioids like morphine, particularly concerning respiratory and gastrointestinal side effects. Beyond OLINVYK, Trevena's pipeline includes several other candidates targeting CNS disorders. TRV045 is an oral, non-opioid compound in development for treating diabetic neuropathic pain and has shown potential in preclinical models for epilepsy and other CNS conditions. Another key asset is TRV250, a delta-opioid receptor agonist being investigated for the acute treatment of migraine. The company is also exploring TRV734 for its potential use in maintenance treatment for opioid use disorder.

Trevena's strategic approach involves leveraging its proprietary drug discovery platform, which is built on a deep understanding of GPCR signaling. This allows the company to design biased ligands that selectively activate or block specific cellular pathways, aiming to maximize therapeutic benefit while minimizing unwanted side effects. The company serves the hospital and specialty care markets, targeting physicians and healthcare providers who manage patients with acute and chronic CNS conditions. Significant milestones in its history include the initial public offering in January 2014, the FDA approval of OLINVYK, and various collaborations, such as its partnership with Pharmbio Korea for the development and commercialization of OLINVYK in South Korea. Keywords: biopharmaceutical, CNS disorders, GPCR, opioid agonist, OLINVYK, pain management, drug development, biased ligands, oliceridine, neuropathic pain

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