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Bullboard - Stock Discussion Forum 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... see more

TSX:TH - Post Discussion

Theratechnologies Inc > Doable and necessary
View:
Post by scarlet1967 on Sep 12, 2023 8:29am

Doable and necessary

 

I don't believe the current investor should bail out the company but the company itself should use all the resources available to deal with current and future financial and R&D challenges.

They should capitalize on the recent rejuvenated interest from the retail sector. The activities and followers on Stocktwits have increased recently so if you have something to say/sell to individual/institutional investors then say and sell it to the retail sector preferably using reputable and well followed social media channels.

Much more frequent,transparent and direct communication with the market such as business updates by the management written or online conferences.

Cost cutting/control should be an ongoing process not only because of Marathon's requirements but also because of financial health and stability of the company which needs to have funds supporting the stage gated oncology trial. Among others reducing headcount including few from the board of director reallocating extra tasks to remaining staff, stop extravagant automatic bounces/ absurd option grants and reduce wages especially the C suite with multiple 6 and 7 figures salaries.

Increase sales by educating both patients and doctors about many recent medical benefits of specifically Egrifta, constantly looking for avenues to reduce and optimize the cost of sales( logistics,production facilities, remote /online communication with the targeted customers, strict performance standards among the sale force/MSLs ...).

Better and more frequent/vigilant surveillance of the oncology process followed by instant flexible response based on the results. Don't fall in love with the current protocol but be prepared for taking necessary actions in timely fashion.

The point is a capable and responsible approach can and should improve the financials and improve the odds for the sort1 platform. 

 

Comment by PWIB123 on Sep 12, 2023 11:01am
My thoughts on the preferred.  I agree with scarlet1967's sentiment.  I don't think the company has done all it should do yet.  I don't like not having the same voting rights as common shareholders.  I suppose you could argue that swapping an interest rate on debt for a preferred dividend is a similar expense, but it's not exactly the same thing when we are ...more  
Comment by SPCEO1 on Sep 16, 2023 12:01pm
I have been busy but wanted to get back to you on this older comment. My suggestion is not as relevant as it seemed when I mentioned it to THTX but I thought I should give you mythoughts on it since you made a good effort to comment on my idea. I still don't have a lot of time to give a full response as this is a complicated matter but I will throw out a few things in case this becomes ...more  
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