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0.114130434782609 0.114130434782609 -0.016304347826087 -0.016304347826087 -0.0434782608695653 0.0543478260869566 0.114130434782609 0.0597826086956522
Stock impact report

Trevena Inc. and Jiangsu Nhwa Pharmaceutical Co. Ltd Announce License Agreement for Oliceridine in China

Trevena, Inc. (TRVN) 
Last trevena, inc. earnings: 3/12 07:01 am Check Earnings Report
US:NASDAQ Investor Relations: investors.trevena.com/investor-relations
Company Research Source: GlobeNewswire
– Nhwa granted a license to develop, manufacture, and commercialize oliceridine in China – – Trevena to receive upfront and milestone payments and royalties – CHESTERBROOK, Pa. and XUZHOU, China, May 01, 2018 (GLOBE NEWSWIRE) -- Trevena, Inc. (NASDAQ:TRVN) and Jiangsu Nhwa Pharmaceutical Co. Ltd. (Shenzhen Stock Exchange:002262) announced today that they have entered an exclusive license agreement for the development and commercialization of Trevena’s investigational product oliceridine.  Under the agreement, Trevena expects to receive near-term payments of $5.5 million, including an upfront payment of $2.5 million and a milestone payment of $3.0 million upon regulatory approval of oliceridine in the United States, as well as additional approval and commercialization milestones and 10% royalties on all product sales in China.  Oliceridine is currently under review by the U.S. Food and Drug Administration for potential approval in the United States for the management of moderat Show less Read more
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