Biopharmaceutical Company Announces $2M Non-Dilutive Financing
Trevena Announces $2M Non-Dilutive Financing Tranche and Reduction in Outstanding Liabilities.
Trevena, Inc. (Nasdaq: TRVN), a biopharmaceutical company dedicated to developing and commercializing innovative medicines for patients with central nervous system (CNS) disorders, has recently announced a amendment to its March 2022 ex-US royalty-based financing agreement with R-Bridge Healthcare Fund, L.P. (R-Bridge). This development represents a noteworthy milestone for the company, encompassing both financial gains and adjustments aimed at bolstering its position in the biopharmaceutical landscape. $Trevena (TRVN.US)$
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