Mission Statement, Vision, & Core Values (2024) of Trevena, Inc. (TRVN)

Mission Statement, Vision, & Core Values (2024) of Trevena, Inc. (TRVN)

US | Healthcare | Biotechnology | NASDAQ

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An Overview of Trevena, Inc. (TRVN)

General Summary of Trevena, Inc. (TRVN)

Trevena, Inc. is a biopharmaceutical company focused on developing novel central nervous system (CNS) and rare disease therapeutics. The company is headquartered in Chesterbrook, Pennsylvania.

Company Products and Services

Key product portfolio includes:

  • OLINVYK (oliceridine): Intravenous pain medication approved by FDA
  • TRV250: Acute migraine treatment candidate
  • TRV045: Depression treatment in development

Financial Performance in Latest Reporting Period

Financial Metric 2023 Value
Total Revenue $8.4 million
Net Loss ($64.2 million)
Cash and Equivalents $37.5 million

Market Position

Trevena operates in the specialized CNS pharmaceutical market, focusing on innovative pain management and neurological treatments.

Market Metrics 2023 Data
Research & Development Expenses $42.3 million
Number of Clinical Trials 3 active trials



Mission Statement of Trevena, Inc. (TRVN)

Mission Statement of Trevena, Inc. (TRVN)

Trevena, Inc. is a biopharmaceutical company focused on developing innovative therapies for central nervous system (CNS) and cardiovascular diseases.

Core Mission Components

Research Focus Neurological and cardiovascular therapeutics
Key Product Pipeline Oliceridine (OLINVYK), TRV250, TRV045
R&D Investment $22.7 million (2023 fiscal year)

Strategic Objectives

  • Develop novel therapeutic solutions for unmet medical needs
  • Advance precision medicine in CNS and cardiovascular domains
  • Leverage proprietary TREAT™ platform technology

Research and Development Metrics

Trevena's mission is supported by the following key metrics:

Clinical Stage Programs 3 active clinical development programs
Patent Portfolio 16 issued patents
Market Capitalization $47.3 million (as of January 2024)

Therapeutic Target Areas

  • Acute pain management
  • Chronic pain conditions
  • Cardiovascular disorders
  • Neurological diseases

Financial Performance Indicators

Annual Revenue $14.2 million (2023)
Research Expenditure $22.7 million (2023)
Net Loss $41.6 million (2023)



Vision Statement of Trevena, Inc. (TRVN)

Vision Statement Overview of Trevena, Inc. (TRVN) in 2024

Trevena, Inc. is a biopharmaceutical company focused on developing novel therapeutics for critical care and acute pain management.

Strategic Vision Components

Pharmaceutical Innovation Focus

Trevena's vision centers on advancing innovative therapeutics with specific emphasis on:

  • Developing proprietary G protein-coupled receptor (GPCR) targeted medications
  • Addressing unmet medical needs in critical care settings
  • Creating precision pharmacological solutions

Research and Development Pipeline

Drug Candidate Therapeutic Area Development Stage
OLINVYK Acute Pain Management FDA Approved
TRV250 Migraine Treatment Clinical Trials

Financial Vision Parameters

Financial metrics as of Q4 2023:

  • Cash and Cash Equivalents: $37.8 million
  • Research and Development Expenses: $22.1 million
  • Net Loss: $25.5 million

Strategic Therapeutic Priorities

Primary focus areas include:

  • Acute pain management
  • Critical care pharmaceutical solutions
  • Neurological disorder treatments



Core Values of Trevena, Inc. (TRVN)

Core Values of Trevena, Inc. (TRVN) in 2024

Innovative Scientific Research and Development

Trevena, Inc. invested $36.4 million in research and development expenses for the fiscal year 2023. The company focuses on developing novel therapeutics targeting G protein-coupled receptors (GPCRs).

R&D Metric 2023 Value
Total R&D Expenses $36.4 million
Number of Active Research Programs 3 primary programs
Patent Applications 12 active applications
Patient-Centric Approach

Trevena's clinical development strategy prioritizes patient needs in therapeutic areas with significant unmet medical requirements.

  • Focus on rare and challenging medical conditions
  • Commitment to improving patient outcomes
  • Transparent clinical trial reporting
Operational Efficiency and Financial Discipline

As of Q4 2023, Trevena maintained a lean operational structure with 72 full-time employees.

Financial Metric 2023 Value
Cash and Cash Equivalents $54.2 million
Operating Expenses $49.3 million
Number of Employees 72
Collaborative Research Ecosystem

Trevena maintains strategic partnerships with academic institutions and pharmaceutical research organizations.

  • Collaboration with 3 major research universities
  • Ongoing partnerships with contract research organizations
  • Active engagement in scientific conferences
Ethical Corporate Governance

The company adheres to strict compliance and ethical standards in pharmaceutical research and development.

Governance Metric 2024 Status
Independent Board Members 5 out of 7 board members
Compliance Audit Scores 98% compliance rating
Ethical Research Certifications 4 active certifications

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