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 Inc. (THTX) filed a preliminary short form base shelf prospectus with Canadian securities regulatory authorities and a shelf registration statement with the SEC, to restore its original financing capacity. The filings provide for potential offerings of up to US$100,000,000 of various securities over a 25-month period, aiming to take advantage of favorable market conditions.
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Theratechnologies Inc. (TSX: TH) (NASDAQ: THTX) receives FDA approval for updated label allowing for easier and more convenient administration of Trogarzo® for heavily treatment-experienced adults with HIV. The label update includes a 2000-mg intravenous (IV) push loading dose, reducing administration time to 90 seconds for the loading dose and 30 seconds for a maintenance dose every two weeks. This approval further simplifies the administration of Trogarzo® for heavily treated people with HIV, enhancing the convenience of non-oral therapy for this important group of people.
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Theratechnologies Inc. (TH) receives the 2023 Industrial Research Sectoral Group (RSRI) Innovation Award for advancing preclinical development of sudocetaxel zendusortide for the treatment of triple-negative breast cancer. The award recognizes the company's partnership with Professor Borhane Annabi of UQAM and the successful preclinical efficacy of its investigational peptide-drug conjugate TH1902. Sudocetaxel zendusortide has received Fast Track designation from the FDA and is currently in a Phase 1 clinical trial in the U.S. and Canada.
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Theratechnologies Inc. has closed its previously announced public offering, raising gross proceeds of US$12.5 million. The offering consisted of 12.5 million common shares at a price of US$1.00 per share. The underwriter has been granted a 30-day option to purchase an additional 1.875 million common shares. The company also closed a concurrent private placement with Investissement Québec, resulting in aggregate gross proceeds of US$12.5 million. Investissement Québec now beneficially owns approximately 19.9% of the issued and outstanding common shares.
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Theratechnologies Inc. has priced its public offering of 12,500,000 common shares at a price of US$1.00 per share, with expected gross proceeds of approximately US$12,500,000. The company has also granted the underwriter a 30-day option to purchase up to 1,875,000 common shares at the offering price. A concurrent private placement with Investissement Québec for 9,118,184 common shares and exchangeable subscription receipts is also part of the offering.
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Theratechnologies Inc. has announced the launch of a marketed public offering of common shares, as well as a concurrent private placement with Investissement Québec. The underwriter has been granted an option to purchase additional shares. The consummation of the private placement is contingent upon the closing of the public offering.
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Theratechnologies Inc. announces changes to its operations, including a reduction of up to 25 positions. The company expects to save approximately US$3.5 million per year and record a restructuring charge of approximately US$1.5 million in Q4 2023. Clinical research activities in oncology and NASH will be made through partnership deals.
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Theratechnologies shares data on the cost-effectiveness of ibalizumab for heavily treatment-experienced people with HIV
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Theratechnologies presents data demonstrating that treatment with tesamorelin reduces visceral adipose tissue (VAT) and hepatic fat fraction (HFF) in people with HIV on integrase inhibitor-based regimens.
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Theratechnologies announces results from TMB-302 study on Trogarzo® administration
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FAQ
What is the current stock price of Theratechnologies Common (THTX)?
The current stock price of Theratechnologies Common (THTX) is $1.2 as of November 22, 2024.
What is the market cap of Theratechnologies Common (THTX)?
The market cap of Theratechnologies Common (THTX) is approximately 55.2M.
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