ARTICLE | Financial News

Trevena raises $45M in follow-on

December 6, 2014 3:39 AM UTC

Trevena Inc. (NASDAQ:TRVN) raised $45 million through the sale of 11.3 million shares at $4 in a follow-on underwritten by Barclays; Cowen; Jefferies; JMP; and Needham.

Trevena proposed to raise $40 million on Nov. 20. Its shares closed at $5.59 on Nov. 19 ...