Trevena Inc

NASDAQ:TRVN  
0.27
+0.02 (+8.35%)
Debt Financing / Related

Trevena Receives Up To $40 Mln In OLINVYK Ex-Us Royalty-Based Financing From R-Bridge Healthcare Fund

Published: 03/31/2022 12:30 GMT
Trevena Inc (TRVN) - Trevena Receives Up to $40m in Olinvyk Ex-us Royalty-based Financing From R-bridge Healthcare Fund, an Affiliate of Cbc Group.
Trevena Inc - Entered Into a Royalty-based Financing With an Affiliate of R-bridge Healthcare Fund.
Trevena Inc - Will Receive an Upfront Amount of $15 Million, and $15 Million Upon First Commercial Sale of Olinvyk in China.
Trevena Inc - Will Also Receive an Additional $10 Million Upon Achievement of Either a Commercial Or Financing Milestone.