Theratechnologies Inc T.TH

Alternate Symbol(s): THTX

Healthcare Biotechnology

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.

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Theratechnologies Inc > The deal

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Comment by scarlet1967on Jan 13, 2021 10:24am

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Post# 32284245

RE:RE:The deal

Yes I also think they would like the shares to rise now.

palinc2000 wrote:
The Underwriters motivation will now try to see the SP resume its upward trend

palinc2000 wrote: It almost seems like it went like this

Price was set a few weeks ago but there was a prerequisite condition that FDA had to approve the 2 Trials
There was a maximum discount to the market price ----otherwise the terms had to be renegotiated
The market price was inching up daily after the Jan 6 th PR ..... The Underwriter did not want to be facing the maximum discount clause and acted accordingly in haste ....
So when the 2,75 price was set it was higher than the market price but that was before the Jan 6 PR and management agreed to it

I may be reading the tea leaves too much but I think the short delay between the PR of Jan 6 and the announcement of the deal yesterday can only be explained by this scenario