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Theratechnologies Inc T.TH

Alternate Symbol(s):  THTX

Theratechnologies Inc. is a Canada-based clinical-stage biopharmaceutical company. The Company is focused on the development and commercialization of therapies addressing unmet medical needs. It markets prescription products for people with human immunodeficiency viruses (HIV) in the United States. The Company's research pipeline focuses on specialized therapies addressing unmet medical needs in HIV, nonalcoholic steatohepatitis (NASH) and oncology. Its medicines include Trogarzo and EGRIFTA SV (tesamorelin for injection). Trogarzo (ibalizumab-uiyk) injection is a long-acting monoclonal antibody which binds to domain 2 of the CD4 T cell receptors. It blocks viral entry into host cells while preserving normal immunologic function. The Company is also investigating an intramuscular method of administration of Trogarzo. EGRIFTA SV (tesamorelin for injection) is approved in the United States for the reduction of excess abdominal fat in people with HIV who have lipodystrophy.


TSX:TH - Post by User

Post by scarlet1967on Jan 12, 2021 10:55am
143 Views
Post# 32275615

The floor is $2.71US+ brokers cut

The floor is $2.71US+ brokers cut Giving the size of the offering I doubt these brokers manage to sell all of the equities to one stakeholder hopefully I am wrong as many mentioned a single large holder would bring credibility along with analysts working with them.
Apart from some costs involved to close a deal like this these brokers need to sell the equities with a premium which bring me to the fact it is in their interest for the SP in the next few days. Weeks incorporate that premium.
Point is they ultimately want the SP rise from the bought deal price the higher it gets the more profit for the brokers.
After that the trick is the company keep the new investors convinced to hold on to their position as there is no immediate or medium term need for additional funding and they have two potential very lucrative programs which have promising prospects in 2021 and beyond add to that two commercialized drugs with growing sales.

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