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Bullboard - Stock Discussion Forum 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... see more

TSX:TH - Post Discussion

Theratechnologies Inc > Reimbursement Agreement in Italy for Trogarzo®
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Post by Betteryear2 on Oct 26, 2021 5:39am

Reimbursement Agreement in Italy for Trogarzo®

MONTREAL, Oct. 26, 2021 (GLOBE NEWSWIRE) -- Theratechnologies Inc. (Theratechnologies) (TSX: TH) (NASDAQ: THTX), a biopharmaceutical company focused on the development and commercialization of innovative therapies, is pleased to announce that it has reached an agreement with the Italian Medicines Agency, AIFA, for the reimbursement of Trogarzo® for eligible people aged 18 and older living with multi-drug resistant (MDR) HIV-1.

“This agreement is an important milestone for Trogarzo® and for HIV-1 patients in Italy,” said Conor Walshe, General Manager, Europe. “Italy is the first country with a universal healthcare plan that has approved the formal reimbursement of Trogarzo® for all patients in need.  We expect to launch Trogarzo® in Italy during the current quarter and look forward to its wider commercial availability in Europe over the coming months.”

Trogarzo® was first approved by the U.S. Food and Drug Administration (FDA) in March 2018 and was the first long-acting agent approved for the treatment of HIV-1 infection in heavily treatment-experienced adults with MDR HIV-1 infection failing their current antiretroviral regimen. Trogarzo® was approved by the European Medical Agency (EMA) in September 2019 for the treatment of adults infected with MDR HIV-1 for whom it is otherwise not possible to construct a suppressive antiviral regimen and is also commercially available in Germany. A number of patients are also being treated with Trogarzo® in other European countries through early access programs. Theratechnologies plans to launch Trogarzo® on a country-by-country basis across Europe as it gains reimbursement in each individual country. In addition, the Company received regulatory approval in Israel for Trogarzo® and is working to secure pricing and reimbursement.


https://www.globenewswire.com/news-release/2021/10/26/2320317/0/en/Theratechnologies-Announces-Reimbursement-Agreement-in-Italy-for-Trogarzo-for-Eligible-Patients-With-Multi-Drug-Resistant-HIV-1.html

Comment by Bucknelly21 on Oct 26, 2021 8:37am
Man I thought it was going to be something that investors actually cared about lol 
Comment by PWIB123 on Oct 26, 2021 9:34am
I had to do a double take since we already heard about this on the earnings call.
Comment by Bucknelly21 on Oct 26, 2021 9:39am
Sometimes I get confused on what they think is pr worthy... we already knew This, yet a very relevant paper will be released about their oncology or Nash pipeline and nothing... scarlet or jfm have to dig it up from some random website 
Comment by SPCEO1 on Oct 26, 2021 9:55am
You have heard of delayed release drugs, this PR looks like a delayed release PR. But maybe they had to wait for some official document before they could formally announce it. In general in a bubble, the more PR's the better. You never know when one is going to get the stock price roaring, even if it does not make a lot of sense to people who are watching the stock closely. All that being ...more  
Comment by scarlet1967 on Oct 26, 2021 3:32pm
It's hard to know the exact pricing as it seems there is variables such a consumption caps, sales and obligatory discounts to certain organizations etc. reimbursement class: H;  ex factory price (excluding VAT): euro 2,000.00;  retail price (VAT included): € 3,300.80. Obligatory discount on the ex factory price, to be applied to ...more  
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