Trevena (TRVN) Reports Q3 Loss of $0.06, Announces Workforce Restructuring

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Go back to Trevena (TRVN) Reports Q3 Loss of $0.06, Announces Workforce Restructuring

Trevena Reports Third Quarter 2018 Financial Results and Announces Workforce Restructuring

November 8, 2018 7:01 AM EST

$70.0 Million of Cash, Cash Equivalents and Marketable Securities as of September 30, 2018

Company to host conference call and webcast at 8:00am EST

CHESTERBROOK, Pa., Nov. 08, 2018 (GLOBE NEWSWIRE) -- Trevena, Inc. (NASDAQ: TRVN), a biopharmaceutical company focused on the development and commercialization of new and innovative treatment options for patients in pain, today reported third quarter 2018 financial results and announced a workforce restructuring to preserve capital while the Company continues development of oliceridine. As part of this plan, the Company is reducing its workforce by approximately one-third and is... More