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.
Theratechnologies Inc. (THTX) has won the 2021 Innovation Award in the Life Sciences category at the ADRIQ Innovation Awards Gala held on November 25, 2021. This recognition highlights the company's leadership in innovation within Quebec. Earlier in 2021, THTX received the FDA's Fast-track designation for TH1902, a promising drug targeting advanced solid tumors. The Canadian Cancer Society and the Government of Quebec are supporting THTX's research with a funding commitment of $1.4 million.
Theratechnologies (THTX) announced the filing of a preliminary short form base shelf prospectus in Canada and a corresponding shelf registration statement with the SEC, aiming to restore financing capacity of up to US $150 million. This will allow the potential future offering of various securities over a 25-month period. Additionally, the company plans to renew its US $50 million at-the-market (ATM) facility to take advantage of favorable market conditions. The filings are pending approval from regulatory authorities.
Theratechnologies (TSX: TH, NASDAQ: THTX), a biopharmaceutical company, announced that CEO Paul Levesque will present at the Credit Suisse 30th Annual Healthcare Conference on November 11, 2021, at 9:40 a.m. ET. Investors can access a live webcast through the investor relations section of Theratechnologies’ website or via a direct link to the virtual conference. An archive of the presentation will be available for 90 days post-event. Theratechnologies focuses on developing innovative therapies for unmet medical needs.
Theratechnologies has secured an agreement with the Italian Medicines Agency (AIFA) for the reimbursement of Trogarzo® for adults with multi-drug resistant HIV-1. This milestone is significant as Italy is the first country with a universal healthcare system to approve the reimbursement for all eligible patients. Trogarzo® is expected to launch in Italy during Q4 2021, following its FDA approval in 2018 and EMA approval in 2019. The company also plans further launches across Europe contingent on reimbursement agreements.
Theratechnologies (TSX: TH, NASDAQ: THTX) announced the publication of a peer-reviewed article in Frontiers in Oncology, showcasing its investigational peptide-drug conjugates (PDCs) TH1902 and TH1904. These PDCs, derived from SORT1+ Technology™, demonstrate efficacy in inhibiting vasculogenic mimicry (VM) in ovarian and triple negative breast cancer models. This is the first report linking SORT1 receptor to VM formation, highlighting the potential of TH1902 and TH1904 as targeted therapies, which may improve drug delivery in cancers with SORT1 overexpression.
Theratechnologies (THTX) reported a 27% increase in Q3 FY2021 consolidated sales compared to Q3 FY2020, totaling $17.85 million. Key driver, EGRIFTA SV®, saw a remarkable 64% sales growth. However, Trogarzo® sales declined by 8%. The ongoing Phase 1 study of TH1902 indicates better tolerability than standard treatments. The company aims to advance its Phase 3 trial for tesamorelin targeting NASH, exploring partnership opportunities. Despite growth, Theratechnologies reported a net loss of $9.51 million for Q3, affected by R&D and selling expenses.
Theratechnologies (NASDAQ: THTX) announced that Dr. Christian Marsolais, Senior Vice President and Chief Medical Officer, will speak at the H.C. Wainwright 5th Annual NASH Investor Conference on October 12, 2021, at 4:30 p.m. ET. A live webcast of his presentation will be accessible on the company’s investor relations website and archived for 90 days. Theratechnologies focuses on developing innovative therapies to meet unmet medical needs. For more information, visit theratech.com.
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.
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.
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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