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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

Comment by scarlet1967on Jul 15, 2021 7:51am
161 Views
Post# 33548021

RE:RE:Financial and others

RE:RE:Financial and others

On oncology reading between lines the trial is progressing well. On NASH they  have completed the negotiations with both agencies and have EMA onboard. They need now to do an interim futility analysis on 400 of total 1100 patients for 18 months (75 to 100 HIV), post approval will include additional 1800 patients. So my take is the EMA wanted that interim analysis included in the trial process and the total patients increased for phase 3 from 900 to 1100 and post approval from 1100 to 1800 patients resulting in more costly trial. As a result the company would like to find a partner for the program. That would be the ideal situation not only it brings resources/credibility  but de-risk the program. This could delay the launch of the trial.
They have about still 57 millions which is a positive surprise. The sales were not great but let's see what they have to say about sales going forward.
As predicted NASH is very much on the table and EMA is onboard, the reason for futility analysis might be to to get more biopsy confirmed fibrosis patients and most likely to convince EMA to accept their harmonized protocol. 

The good stuff is EMA is onboard, they will looking to partner up for NASH, oncology is progressing well and they seem to have same amount of cash now as end of February. The bad stuff is more costly NASH and not unexpected less sales. 
"Our Phase 1 clinical trial of TH1902 for the treatment of sortilin-expressing cancers progressed as planned during the quarter and we believe that we have developed a targeted peptide-drug conjugate that may potentially transform the way cancer is treated".


palinc2000 wrote: Disappointing sales and change of plans im Nash -start of Phase 3 Trial delayed and THTX looking for a partner in Nash due to higher Phase 3 costs

 

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