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Published on 4/6/2015 in the Prospect News PIPE Daily.

Trevena could raise $40 million through at-the-market sales agreement

Agent Cowen and Co. conducts offering, will be paid a 3% commission

By Devika Patel

Knoxville, Tenn., April 6 – Trevena, Inc. arranged a $40 million at-the-market sales agreement with Cowen and Co., LLC on April 3, according to an 8-K filed Monday with the Securities and Exchange Commission.

Cowen will be paid a 3% commission.

The clinical-stage biopharmaceutical company is based in King of Prussia, Pa.


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