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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 Greenviolinoon Dec 05, 2022 4:29pm
255 Views
Post# 35151940

Major blunder

Major blunderTH will be in the penalty box for quite a while now.Potential second tax-loss selling wave coming in the next couple of weeks. They now have to deal with the convertible bond coming due in 2023, additional debt,  a structural burn rate that will need to be addressed , and a dilutive financing to put things in order. I will keep an eye on TH as it has a good story on paper, and perhaps buy again after the next financing. But boy did they screw this up after bringing new analysts on board and new investors in the last year. GLTA. 
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