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Theratechnologies Inc. Common - THTX STOCK NEWS

Welcome to our dedicated page for Theratechnologies Common news (Ticker: THTX), a resource for investors and traders seeking the latest updates and insights on Theratechnologies Common stock.

Theratechnologies Inc. (symbol: THTX) is a biopharmaceutical company that markets prescription products across the United States, Europe, and Canada. Founded in 1993 and headquartered in Montreal, Canada, the company is dedicated to addressing the unmet medical needs of patients living with HIV and other serious health conditions.

Core Products:

  • EGRIFTA and EGRIFTA SV: These products help reduce excess abdominal fat in HIV-infected patients with lipodystrophy, improving their quality of life.
  • Trogarzo: A vital injection treatment for multidrug-resistant HIV-1 infected patients, offering hope to those who have limited treatment options.

Pipeline Products:

  • F8 Formulation: A promising treatment for HIV-associated lipodystrophy, currently in development.
  • TH-1902: A potential breakthrough in the treatment of triple-negative breast cancer.
  • TH-1904: Targeting ovarian cancer, another pipeline product with significant potential.

Theratechnologies generates significant revenue from its relationship with RxCrossroads, a major customer based in the United States. The company's strategic partnerships and innovative products showcase its commitment to improving patient outcomes in serious medical conditions. With a dedicated focus on research and development, Theratechnologies continues to make strides in the biopharmaceutical industry.

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Theratechnologies (TSX: TH, NASDAQ: THTX) announced it will report its third quarter financial results for fiscal 2021 on October 13, 2021. The report will cover the period ending August 31, 2021. A conference call will take place on the same day at 8:30 a.m. ET, hosted by Paul Lévesque, for discussing results and business updates. The call can be accessed through various means including a toll-free number and a webcast. An audio replay will be available the same day through specific dialing options until October 20, 2021.

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Theratechnologies announced results from the TMB-302 study indicating no difference in pharmacokinetics between Trogarzo® IV Push and IV Infusion methods. The study, conducted by TaiMed Biologics, showed consistent and statistically significant outcomes, with no serious adverse events reported. An sBLA is planned to be filed with the FDA in Q4 2021. The IV Push method offers advantages such as a rapid infusion time and increased patient compliance, with plans for an intramuscular administration also under evaluation.

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Theratechnologies (NASDAQ: THTX) announced that CEO Paul Levesque will participate in a fireside chat at the Cantor Fitzgerald Global Healthcare Conference on September 29, 2021, at 10:00 a.m. ET. A live webcast of the event will be available on the company’s investor relations website, with an archive accessible for 90 days post-event.

Theratechnologies focuses on developing innovative therapies to meet unmet medical needs. More details can be found on their website.

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Theratechnologies (THTX) has published significant preclinical data on TH1902 for treating sortilin-positive triple negative breast cancer (TNBC) in the journal Cancer Science. This research indicates the in vivo efficacy and safety of TH1902, a peptide-drug conjugate (PDC) aiming to improve targeted cancer therapy. The FDA has granted fast track designation to TH1902, which is undergoing Phase 1 trials. The study highlights SORT1 expression as a potential biomarker, reinforcing the promise of TH1902 in addressing unmet needs in cancer treatment.

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Theratechnologies (TSX: TH, NASDAQ: THTX), a biopharmaceutical company, announced that its President and CEO, Paul Levesque, will participate in a fireside chat at the Canaccord Genuity 41st Annual Growth Conference on August 11, 2021, at 2:00 p.m. ET. Investors can access a live webcast through the investor relations section of the company's website, with an archive available for 90 days post-event.

The company focuses on developing innovative therapies to address unmet medical needs.

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Theratechnologies (THTX) reported Q2 2021 revenues of $17.8 million, a 4% increase from $17.2 million in Q2 2020. EGRIFTA® net sales rose 12% to $10.3 million, while Trogarzo® net sales fell 6% to $7.4 million. The company announced complete discussions with the FDA and EMA on its upcoming Phase 3 trial for tesamorelin targeting NASH, though costs for this trial are expected to be higher than previously estimated. A search for a partnership to support this program's launch has begun. The net loss for the quarter was $6.4 million, or $(0.07) per share.

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MONTREAL, June 30, 2021 (GLOBE NEWSWIRE) -- Theratechnologies Inc. (THTX) plans to release its financial results for Q2 fiscal 2021, ending May 31, 2021, on July 15, 2021. A conference call will be held at 8:30 a.m. ET to discuss these results, hosted by CEO Paul Lévesque. Interested parties can access the call at 1-844-400-1697 or via webcast. A replay will be available the same day and until July 22, 2021. Theratechnologies focuses on innovative therapies addressing unmet medical needs.

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Theratechnologies (THTX) has appointed Frank Holler as an independent member of its Board of Directors, enhancing the board's expertise in capital markets and biotechnology. Holler, who has a strong background in the biotech industry and has led successful companies, is expected to contribute significantly as Theratechnologies advances its global commercial business and clinical pipeline. The company is progressing with TH1902, a Phase 1 clinical trial for solid tumors, and developing tesamorelin for NASH treatment.

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Theratechnologies (THTX) announced promising preclinical findings for its peptide-drug conjugate TH1902, showing superior anti-metastatic activity compared to docetaxel in a lung cancer model. These results, particularly in SORT1+ cancers, suggest potential effectiveness in treating difficult-to-manage metastasis. A live webcast is scheduled to provide additional insights into TH1902 and the SORT1+ Technology. The company aims to leverage SORT1 receptors, prevalent in numerous cancer types, to enhance treatment efficacy and reduce toxicity. The FDA has granted fast track designation to TH1902 for relevant cancers.

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FAQ

What is the current stock price of Theratechnologies Common (THTX)?

The current stock price of Theratechnologies Common (THTX) is $1.21 as of November 21, 2024.

What is the market cap of Theratechnologies Common (THTX)?

The market cap of Theratechnologies Common (THTX) is approximately 55.6M.

What does Theratechnologies Inc. specialize in?

Theratechnologies Inc. specializes in biopharmaceutical solutions for HIV and serious medical conditions like cancer.

Where are Theratechnologies' products marketed?

Theratechnologies markets its products in the United States, Europe, and Canada.

What are the main products offered by Theratechnologies?

The main products include EGRIFTA and EGRIFTA SV for HIV-related lipodystrophy and Trogarzo for multidrug-resistant HIV-1.

What are Theratechnologies' pipeline products?

Pipeline products include the F8 formulation for HIV-associated lipodystrophy, TH-1902 for triple-negative breast cancer, and TH-1904 for ovarian cancer.

When was Theratechnologies Inc. founded?

Theratechnologies Inc. was founded in 1993.

Where is Theratechnologies Inc. headquartered?

Theratechnologies Inc. is headquartered in Montreal, Canada.

Who is a major customer of Theratechnologies?

RxCrossroads, based in the United States, is a major customer of Theratechnologies.

What is the significance of Trogarzo?

Trogarzo is an important treatment for patients with multidrug-resistant HIV-1, providing a crucial option for those with limited alternatives.

How does EGRIFTA benefit HIV patients?

EGRIFTA helps reduce excess abdominal fat in HIV-infected patients with lipodystrophy, improving their health and quality of life.

What is Theratechnologies' approach to innovation?

Theratechnologies focuses on research and development to create innovative treatments for serious medical conditions and improve patient outcomes.

Theratechnologies Inc. Common

Nasdaq:THTX

THTX Rankings

THTX Stock Data

55.64M
28.68M
1.22%
51.56%
0.09%
Biotechnology
Healthcare
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United States of America
Montreal