Trevi Therapeutics Inc (NAS:TRVI)
$ 17.8 -0.69 (-3.73%) Market Cap: 2.54 Bil Enterprise Value: 2.22 Bil PE Ratio: 0 PB Ratio: 8.68 GF Score: 22/100

Q2 2025 Trevi Therapeutics Inc Earnings Call Transcript

Aug 7, 2025 / 08:30 PM GMT
Release Date Price: $7.3 (+0.41%)

Key Points

Positve
  • Trevi Therapeutics Inc (TRVI) reported positive data readouts from both the coral trial for chronic cough in IPF patients and the river trial for RCC patients.
  • The company successfully raised approximately $115 million in capital, resulting in a total cash and investments of approximately $204 million as of June 2025.
  • The coral trial showed statistically significant improvements in quality of life for patients, with marked improvements in the LCQ scores.
  • Trevi Therapeutics Inc (TRVI) is well-positioned to execute its strategy with a strong financial runway into 2029, enabling the funding of multiple phase 3 trials.
  • The company is actively preparing for phase 3 trials and has plans to expand its market opportunity by targeting non-IPF interstitial lung diseases, potentially doubling its market size.
Negative
  • Trevi Therapeutics Inc (TRVI) reported a net loss of $12.3 million for the second quarter of 2025, similar to the previous year's quarter.
  • R&D expenses decreased, but general and administrative expenses increased due to higher professional fees and personnel costs.
  • The company faces challenges in aligning with regulatory authorities and ensuring the successful execution of upcoming clinical trials.
  • There is uncertainty regarding the outcomes of ongoing phase 1 studies, including potential drug-drug interactions with antifibrotics.
  • The company must manage potential placebo effects and other challenges in the longer follow-up phase 3 trials.


Refinitiv StreetEvents Event Transcript
E D I T E D V E R S I O N

TRVI.OQ - Trevi Therapeutics Inc
Q2 2025 Trevi Therapeutics Inc Earnings Call
Aug 07, 2025 / 08:30PM GMT

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Presentation
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Unidentified_1 [1]
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Good afternoon and welcome to the Trevi Therapeutics 2nd quarter 2025 earnings conference call.

At this time, all participants will be in listen-only mode.

Should you need assistance, please signal a conference specialist by pressing the star key followed by 0.

After today's presentation, there will be an opportunity to ask questions. To ask a question, you may press star, then one on your telephone.

To withdraw your question, please press 2.

Please note this event is being recorded.

Various remarks that management makes during this conference call about the company's future expectations, plans, and prospects constitute forward-looking statements for purposes of the safe
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