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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 Mannequinon Oct 26, 2023 6:50am
86 Views
Post# 35701581

RE:Use of proceeds

RE:Use of proceeds

Considering we were repeatedly told that the company would not do a financing that was shareholder unfriendly it' just goes to show you can't believe what they say when they don't lay out exactly why they are doing this. It's utterly shocking.


palinc2000 wrote:

It has to be a mix of the following::

Acquisition  of an already commercialized drug and the balance as a buffer to increase working capital so they dont have to access any more funds from Marathon 


 

 


 

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