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Fly News Breaks for September 1, 2015
TRVN
Sep 1, 2015 | 08:50 EDT
JMP Securities believes that the results of a Phase 2b trial of Trevena's TRV130 in abdominoplasty shows that the drug is "meaningfully differentiated" and could attract "substantial" commercial demand. The firm reiterates a $21 price target and Outperform rating on the shares.
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