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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 SPCEO1on May 30, 2022 12:00pm
125 Views
Post# 34717113

RE:RE:RE:RE:No longer accepting…

RE:RE:RE:RE:No longer accepting…My sense on the hiring trends we have seen is that it is a positive sign but not a hugely positive sign. Some of the hiring is just for perfunctory positions and likely reflects normal attrition. Some of the medically related legal and scientific positions seem quite normal for where TH is in the testing process. The one were they were looking for a scientist with siRNA talent was interesting. The Chief of Staff position would indicate confidence in the future but that might just be around Egrifta and Trogarzo sales (by the way, Friday's update from Bloomberg continued the recent positive sales trend - 3 cheers for Mr. Leasure and his team!). And I am not sure if they dropped that position or filled it. The intention to hire an Investor Relations officer indicates they think they might have something important to talk about in the future and are looking to re-engage with the capital markets in a  more serious way, so that is a positive.  They are not laying anyone off, so that is also a positive. The hiring vibe leans positive but it is not like they are going nuts on hiring which might indicate they know for sure they have a big future in cancer and have just not been able to announce it yet. 

So,to me, the hiring efforts at TH have been encouraging but not something that makes me feel like cancer is a done deal. I would not be surprised if TH never really has a huge hiring spurt if cancer looks like it is going to be a big deal as TH might get an offer it cannot refuse from big pharma before they have a chance to staff up in a very serious manner.

The nature of the financing the company has been talking about doing, and which they need to do,
may give us some good indications of where they are headed, moreso than their pre-financing hiring plans.


qwerty22 wrote:

Seems to me like a fairly technical post. There's a vast amount of paperwork for the regulators that needs to support the clinical program. Much of the lab work needed for that has to start now in preparation for each new phase but also for the final approval process. It looks like this person is primarily involved in that. So while there is an active drug program you need these guys, if the program disappears so does the need for these guys.

 

Trogarzon wrote: I guess the unanswered question we have is are these hire a reflection of strength of the pipeline at Th or a way to find a path forward in case of doa of Th1902.  

 

 



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