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Trevi Therapeutics Provides Update on Haduvio's Clinical Development Program Trevi Therapeutics, Inc. (Nasdaq: TRVI), a clinical-stage biopharmaceutical company developing the investigational therapy Haduvio™ (oral nalbuphine...

Key Takeaway: Trevi Therapeutics, Inc. has achieved a significant milestone by reaching 50% enrollment in the Phase 2b CORAL trial for its investigational therapy Haduvio, aimed at treating chronic cough in idiopathic pulmonary fibrosis (IPF). Additionally, dosing for the Human Abuse Potential study has been completed, with topline results expected in December 2024. The CEO expressed optimism about Haduvio's unique dual-action mechanism that could address a critical unmet need in chronic cough treatment, a condition that currently lacks approved therapies.
Price reaction · baseline $3.19 (2024-10-02 close) · hit after-hours · clean, no other TRVI news in the window
day 0 close · peak
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Market Sentiment Analysis

POSITIVE FACTORS

  • 50% enrollment milestone reached in the Phase 2b CORAL trial.
  • Topline results from the Human Abuse Potential study are expected soon.
  • Haduvio shows potential for treating chronic cough in IPF and RCC effectively.

BiopharmaWatch Analysis

From our catalyst data and publicly available data · not financial advice
Best trade, last catalyst
+84%
120-day peak, hindsight
Typical move
11.5%
average across 3 past catalysts
Cash runway
~54 mo
Minimal dilution risk
Lead asset
nalbuphine
Phase 2 · Prurigo Nodularis

Full Press Release Details

Phase 2b CORAL trial in idiopathic pulmonary fibrosis (IPF) chronic cough reaches 50% enrollment milestone; sample size re-estimation results expected in December 2024
Human Abuse Potential (HAP) study dosing complete; topline results expected in December 2024
NEW HAVEN, Conn. , Oct. 3, 2024 /PRNewswire/ -- Trevi Therapeutics, Inc. (Nasdaq: TRVI ), a clinical-stage biopharmaceutical company developing the investigational therapy Haduvio™ (oral nalbuphine ER) for the treatment of chronic cough in idiopathic pulmonary fibrosis (IPF) and refractory chronic cough (RCC), today provided updates on its clinical development programs.
"We are excited to report these important clinical milestones that mark an impending data-rich period for Trevi's Haduvio," said Jennifer Good , President and CEO of Trevi Therapeutics. "Chronic cough in IPF is one of the most difficult-to-treat cough conditions where antifibrotics have not shown a benefit. We believe the centrally and peripherally acting mechanism of Haduvio uniquely positions it to work throughout the cough reflex arc and potentially offer relief for this important unmet need in IPF."
Clinical Updates
About Trevi Therapeutics, Inc. Trevi Therapeutics, Inc. is a clinical-stage biopharmaceutical company developing the investigational therapy Haduvio ™ (oral nalbuphine ER) for the treatment of chronic cough in idiopathic pulmonary fibrosis ( IPF ) and refractory chronic cough ( RCC ). Haduvio is an extended-release (ER) dual ĸ-opioid receptor agonist and µ-opioid receptor antagonist that works both centrally in the brain as well as peripherally in the lungs and has the potential for a synergistic antitussive effect to treat chronic cough. Parenteral nalbuphine is not scheduled by the U.S . Drug Enforcement Agency.
The impact of chronic cough is significant and often leads to a decline in patients' social, physical, and psychological quality of life. In IPF, chronic cough may lead to worsening disease and may be associated with a higher risk of progression, death, or need for lung transplant. There are no approved therapies for the treatment of chronic cough in IPF and current treatment options provide minimal benefit to patients. Chronic cough affects up to 10% of the adult population, and Haduvio's expansion into RCC has the potential to reach patients suffering from moderate to severe refractory chronic cough. There are also no approved therapies for RCC in the U.S.
Trevi intends to propose Haduvio as the trade name for oral nalbuphine ER. Its safety and efficacy have not been evaluated by any regulatory authority.
For more information, visit www.TreviTherapeutics.com and follow Trevi on X (formerly Twitter) and LinkedIn .
Forward-Looking Statements Statements contained in this press release regarding matters that are not historical facts are "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Such statements are subject to risks and uncertainties and actual results may differ materially from those expressed or implied by such forward-looking statements. Such statements include, but are not limited to, statements regarding Trevi's business plans and objectives, including future plans or expectations for Haduvio and plans and timing with respect to clinical trials, and other statements containing the words "believes," "anticipates," "plans," "expects," and similar expressions. Risks that contribute to the uncertain nature of the forward-looking statements include: uncertainties regarding the success and timing of Trevi's product candidate development activities, including its ongoing clinical trials; the risk that positive data from a clinical trial may not necessarily be predictive of the results of later clinical trials in the same or a different indication; uncertainties regarding Trevi's ability to execute on its strategy; uncertainties with respect to regulatory authorities' views as to the data from Trevi's clinical trials and next steps in the development path for Haduvio in the United States and foreign countries, uncertainties inherent in estimating Trevi's cash runway, future expenses and other financial results, including Trevi's ability to fund future operations, including clinical trials, as well as other risks and uncertainties set forth in the quarterly report on Form 10-Q for the quarter ended June 30, 2024 filed with the Securities and Exchange Commission and in subsequent filings with the Securities and Exchange Commission. All forward-looking statements contained in this press release speak only as of the date on which they were made. Trevi undertakes no obligation to update such statements to reflect events that occur or circumstances that exist after the date on which they were made.

Frequently Asked Questions

What is the CORAL trial about?

The CORAL trial is a Phase 2b study assessing Haduvio for chronic cough in IPF.

When will the results of the HAP study be available?

Topline results from the HAP study are expected in December 2024.

What is Haduvio used to treat?

Haduvio is being developed for chronic cough in IPF and refractory chronic cough.

How does Haduvio work?

Haduvio acts as a dual k-opioid receptor agonist and µ-opioid receptor antagonist.

Is Haduvio approved for use?

Haduvio's safety and efficacy have not yet been evaluated by regulatory authorities.

Last updated: Oct 3, 2024