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Trevi Therapeutics prices $150M stock offering to fund chronic cough drug development

Company Fundamentals
16 Apr 2026
GlobeNewsWire
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Neutral
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Trevi Therapeutics announced the pricing of an underwritten public offering of 11.6 million shares at $13 each, raising approximately $150 million before fees. The funds will support the development of Haduvio™, their investigational oral therapy for chronic cough in patients with idiopathic pulmonary fibrosis and other lung diseases. The offering includes a 30-day option for underwriters to buy an additional 1.74 million shares. The deal is expected to close around April 20, 2026, helping Trevi advance its clinical-stage biopharmaceutical programs.

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