Theratechnologies Inc T.TH

PFUDA 10/3 Date

[PWIB123]

Someone on Yahoo Finance and Stocktwits posted something about a 10/3 date.  This is not something I have any knowledge on, but after some quick research, there are investors that follow these dates.  I cannot verify it, and I'm not exactly sure what it might mean.  Any of you experts know?

[Biobob]

Trogarzo pen injector... formality...

[qwerty22]

IV push https://www.theratech.com/news-releases/news-release-details/theratechnologies-presents-results-trogarzor-iv-push "We are pleased to announce that the FDA has accepted our filing and has provided a target action date of October 3, 2022 in accordance with the Prescription Drug User Fee Act (PDUFA)."

[SPCEO1]

There are traders, not investors, who make it their purpose to invest before such announcements and sell shortly after the announcement of whatever the PDUFA event is. Or sell short before it and cover that short after the announcement if they expect the announcement to be the FDA declining to approve the drug. In this case, I do not expect there to be much unusual activity around the 10/3 date

[PWIB123]

Appreciate the education Biobob, qwerty22 and SPCEO1.  

[SPCEO1]

just so you are clear, biobob indicated 10/3 was about the pen injector, which is incorrect. It is about the approval of the IV Push form of administration of Trogarzo. The pen injector is being developed for use with Egrifta in NASH and lipodystrophy and it seems to be something of a problem as it has taken a very long time to get done. We have not had an update on it in quite a while.

[PWIB123]

Ah, yes.  I didn't catch that.  Thanks for clarifying.