TRex aims to refine immune balance through therapies designed to promote tissue repair in patients suffering from autoimmune and inflammatory conditions. The company’s primary asset, TRB-061, functions as an investigational tumor necrosis factor receptor. Currently in development for atopic dermatitis, this candidate is expected to yield clinical results by mid-2027. A second program, TRB-071, targets inflammatory bowel disease and is slated to enter Phase 1 human trials in the first half of 2027.
Financial disclosures reveal the high-stakes nature of this development-stage work. For the six-month period ending June 30, the company reported a net loss of $11.6 million. While the filing outlines the intent to list, TRex has yet to disclose the specific pricing or the total volume of shares to be offered to investors.

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