Trevena could be on track to win FDA approval for its lead candidate oliceridine, a … Trevena Inc (NASDAQ: TRVN) is making a run for the top in the market this morning, trading on gains of more than 40%.The gains come after the company announced that it has received approval for a pain treatment from the FDA. Post-Market 0.03 (1.37%) One biotech in particular could enjoy boosts to its stock if all goes well — Trevena (NASDAQ:TRVN). Trevena, Inc. (Nasdaq: TRVN) announced that the FDA has set a PDUFA date of August 7, 2020 for the resubmitted New Drug Application (NDA) for IV oliceridine, for the management of moderate-to-severe acute pain.The company received a Complete Response Letter (CRL) in November 2018. TRVN Stock Is Climbing On FDA Approval Here’s what’s going on: Stop wasting your time! The most advanced drug candidate in the pipeline is Oliceridine, an intravenous analgesic, for the management of moderate to severe acute pain. Trevena (TRVN) PT Raised to $6 at JMP Securities, After FDA Approval Received. People should take their profits on Monday, but my point is that even in the long term, this FDA approval will mean a much higher price target for TRVN. (RTTNews) - The U.S. Food and Drug Administration announced the approval of Trevena Inc.'s Olinvyk (oliceridine), a new opioid for intravenous use in … Article Stock Quotes (1) FREE Breaking News Alerts from StreetInsider.com! E-mail Address. CHESTERBROOK, Pa., Aug. 10, 2020 (GLOBE NEWSWIRE) — Trevena, Inc. (Nasdaq: TRVN), a biopharmaceutical company focused on the development and commercialization of novel medicines for patients with central nervous system (CNS) disorders, today announced that the U.S. Food and Drug Administration (FDA) has approved OLINVYK in adults for the management of acute pain severe … U:TRVN: News Release: Trevena Announces FDA Approval of OLINVYK ™ (oliceridine) injection: 2020-06-03 08:03: U:TRVN: News Release: Trevena Announces Advancement of Oliceridine Clinical Development in China by Jiangsu Nhwa Pharmaceutical Co. 2020-06-02 07:00: U:TRVN: News Release Oliceridine was refused approval by the FDA in November 2018, and the company was asked to submit additional clinical data on QT prolongation and certain additional nonclinical data and validation reports if it had to be approved. Following the advisory committee’s 8-7 vote against the approval, the drug was originally rejected by the FDA in late 2018 on grounds of insufficient safety data. TRVN 2.19 0.04 (1.79%). Trevena NASDAQ Updated Feb 24, 2021 12:00 AM. Start finding winning trades in minutes with Trade Ideas!. Opiates are not approved very often and this is will be a go to pain medication for prescribing physicians who want to avoid pumping patients with IV morphine or dilaudid.
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