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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 Inc. announces a consolidation of its common shares to regain compliance with NASDAQ listing requirements. The consolidation will be effective on July 31, 2023, with each four pre-consolidation shares being consolidated into one post-consolidation share. No shareholder approval is required. The company expects to have approximately 24,201,835 common shares issued and outstanding after the consolidation.
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Theratechnologies has announced that the FDA has agreed to the amended protocol for the Phase 1 clinical trial of sudocetaxel zendusortide, a peptide-drug conjugate that targets cancer cells. The trial will now focus on patients with ovarian cancer and will include weekly dosing. The FDA has also lifted the partial clinical hold on the trial. Theratechnologies will host a conference call on June 13 to provide insights on the data presented at ASCO 2023 and the amended trial protocol.
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Theratechnologies Inc. (THTX) unveiled promising preclinical data for its investigational peptide drug conjugate, sudocetaxel zendusortide (TH1902), during the 2023 AACR meeting. The data suggest that this candidate can enhance immune cell infiltration in 'cold' tumors and boost efficacy alongside PD-L1 checkpoint inhibitors. In melanoma models, the combination of sudocetaxel zendusortide and PD-L1 therapy showed improved tumor inhibition and survival rates. In breast cancer models, it achieved complete tumor regression, outperforming docetaxel and Herceptin combinations. The expression of SORT1, targeted by TH1902, was noted in 60-75% of TNBC and HER2+ cases, supporting its development. The FDA has granted fast track designation for TH1902, although a Phase 1 trial is currently on hold pending protocol amendments.

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FAQ

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

The current stock price of Theratechnologies Common (THTX) is $1.76 as of December 23, 2024.

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

The market cap of Theratechnologies Common (THTX) is approximately 84.8M.

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

84.83M
28.68M
1.22%
51.56%
0.17%
Biotechnology
Healthcare
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United States of America
Montreal