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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 jfm1330on Aug 10, 2023 12:21pm
208 Views
Post# 35581960

Novo Nordisk buys Inversago Pharma

Novo Nordisk buys Inversago PharmaYou want to depress a little more about Thera ? Today a news came out that Novo Nordisk was buying Invesago Pharma, a drug development company based in Montreal. The founder of this company is Francois Ravenelle. He started it after he left Thera in the John Huss era. He was not even a V-P at Thera, just a director or something like that. So in about 10 years this bright guy was able to build a company that is now acquired by a big pharma for up to 1.075 billions US. This guy should have been V-P of pharmaceutical development at Thera, then the CEO.
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