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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

Post by longterm56on Feb 04, 2022 12:53pm
285 Views
Post# 34398312

Hiring Spree

Hiring SpreeSo what would give THTX enough confidence in their finances to create & fill all these new positions (when they know the convert is coming due and the clinicals need funding)?  One could say "they know the Phase 1a trial is going well and they may be able to obtain financing from that good news."  But I don't think they would commit significant financial resources for a "might be able to."  with all other known expenses. 

It must be something more objective ... like maybe an "almost signed deal" in cancer or NASH that they know actual $$ amounts.  Anything less would be quite risky and possibly put you in need of another ONO. 

This certainly gives me hope ...

   -LT


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