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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 SPCEO1on Jul 22, 2021 9:56am
225 Views
Post# 33587180

Yesterday's big volume on the TSX

Yesterday's big volume on the TSXI suspect the reason we saw big volume yesterday on the TSX (beating the volume on NASDAQ for the first time in recent memory) is because TH was likely speaking with analysts and portfolio managers in Canada the last couple of days and now is moving to the US via Cantor. Whenever they put out a new corporate presentation, you pretty much know they are starting an analyst/PM tour. 

Given that TH has now sorted out its strategy re: cancer and NASH, an analyst/PM tour makes sense to explain that. Apparently, they got at least one or two Canadian institutions they visited with to buy, which is good. Hopefully, they have even better success in the US. And even more hopefully, they will get the Cantor analyst to pick up coverage on them. If some of Cantor's clients are intrigued by what they hear today, that will certainly increase the odds of Cantor picking up coverage, but those odds are likely still not fantastic.   


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