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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. 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. Its portfolio includes Phase I clinical trial of sudocetaxel zendusortide (TH1902), a novel peptide-drug conjugate (PDC), in patients with advanced ovarian cancer.


TSX:TH - Post by User

Bullboard Posts
Post by 1998novlon May 04, 2016 5:18pm
181 Views
Post# 24842080

UBS

UBSIt appears UBS has slightly over 250,000 shares left to sell from their original purchase.  They seem to want out and are no longer doing any research, it was a profitable trade for them.  If you recall, they purchased a sizeable position around 85 cents.  They will likely be all out of shares by weeks end or early next.  Either way, the market is slow to add the full value of Ibalizumab - but they are clearly acknowledging the event.  It is difficult to accumulate a sizeable amount of TH without moving the share price.  If you look at the volume trends before EGRIFTA approval, you will see the stock doubled in price from $2-$4 on average daily volume of significantly less than today's average daily volume. I suspect once the UBS trade is through, the shares will get a nice bump as there are my long-term holders who will now stay the course for 5+ years in order to realize NPV from Ibalizumab.  As for EGRIFTA, it is a cash cow that will produce net income at a fairly predictable rate for years to come.  GLTA.   
Bullboard Posts