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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 > Thoughts on AACR Posters -- overall, very good DELTAs.
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Post by Wino115 on Apr 18, 2023 5:52pm

Thoughts on AACR Posters -- overall, very good DELTAs.

Anti-PD-L1 Poster.

 

Interesting that this also seems to have come out of the UQAM collaboration, with their name on top and funding note at bottom. So that’s good — great research done with the sponsorship grant at UQAM and THTX didn’t pay for it all.

 

Once again, al the caveats about mice v human and the fact they haven’t demonstrated Th1902 clearly working in human tumors yet.  I wanted to focus on what the “delta” is in all this data and charts as they needed something significant enough that the results not only wouldn’t be questioned, but that they would provide some real credence with the data to at least listen, look and see what possibilities there are in pursuing a test run in humans along the lines of the lab work. Very early days, but the delta’s are very significant in my view and I can see why they are interested in highlighting this as potentially important data. To me, it definitely adds some value to the pipeline, but until they get responsive human data, it’s hard to say what it may be worth. There's also a lot of competing ideas, so they need to be clever and hustle out there. Pull in all your industry contacts on this one.

 

It just takes one firm wanting to get into the massive immuno-oncology market in a novel way to cheaply move this to the clinic, but they’d probably also like to see human data even though it may or may not be applicable to TH1902 enhancing anti PD-L1’s in cold tumors. I suspect we’ll hear more about this as they strategize on next moves. First, getting enrollment back on a small trial, then partnering talks.

 

The delta’s are definitely statistically significant and not just percentages higher, but MULTIPLES higher which is darn good.  The key ones that stick out the most to me are:

 - 6x more of the most important types of immune cells in the cold tumor vs. docetaxel alone

  • Tumor burden 11x bigger in the anti-PD-L1 vs. the combo with TH1902 at 2 weeks or so.
  • Tumor burden 17x bigger in the docetaxel/PD-L1 vc. TH1902+PD-L1 combo at 2 weeks.
  • Basically, the tumor didn’t grow with TH1902 while taking the combo drug. It only grew after they stopped administering the drug.
  • Survival was 2.3x more with the TH1902 Combo than just the anti PD-L1 drug alone. That’s a huge survival delta.

Those are the big picture numbers. The dosing of TH1902 was also only 1/2 MTD of docetaxel given weekly in these tests. There’s a lot more details, but that’s the big picture therapeutic effect they saw in the lab.  Like I said, it’s not just adding tiny amounts, but huge differences in my view — multiples are meaningful. I know we’ve see great lab numbers like this before and look where it got us.  One major difference in the combo is that you are showing these highly meaningful improvements in an area where there’s a load of companies desperately trying to get in to the market and take a part of the $30bil and rapidly growing immuno therapy market.  That is a totally different economic opportunity set and should help these findings get some level of interest out there. It’s a different economic equation and one where the clinical reward is known and becoming a $50bil market in a few years. I can see en easier route to justify it, but I”m probably being optimistic. Really need to hear their plan and what they actually think and have heard out there once they speak to N. Am companies for the first time. 

 

 

Differential Expression in Tissue Poster

 

Most of this is the ongoing development of the Sort1 expression in actual human tissue, so continuing to build-up the human targeting data.  This and the similar paper they published with the initial 2000 or so samples is probably part of the roadmap they will use to pick which kind of tumors to test on in a restarted trial.

 

  1. They’ll probably use other data around pre-treatments, etc.. and pick from the list of endometial, thyroid, melanoma, urothelial small cell lung. The original study had  invasive ductal breast and TNBC, two types of ovarian, pancreatic and adenocarcinoma colorectal.  So that’s a nice large list to pick from to increase your chance of response. Knowing the pathological sub-type expressions may help a lot as you can see some subtypes really don’t lend themselves to sort1 over expression like others do.  This is part of the learning process that a lot of drug developments go through —the fits and starts to hone in on what is optimal.  But that is the likely list —so no prostate despite seeing some response there, no NSCL, no bladder, kidney and maybe no pancreas.  As qwerty mentioned, seeing the P11&b data on the 38 patients Marsolais mentioned could either worry us more or provide us some optimism depending on whether their data showed a lot of the enrollees had the wrong sub—types or pretreatments. Seems to make a huge difference in expression at least. 
  2. They once again found that in the “high” expression cancers, stage doesn’t seem to matter much.  This backs up the previous study and is not what they originally thought based on other academicians papers on sort1 expression. This is actually quite good — I would guess this may also be what they would show to the FDA to say that we needn’t just have stage 4 or worse enrollees and that we should enroll some stage 2/3 types if they don’t have any options or are just using docetaxel.
  3. Net/Net — they are honing in at least on the question of “where” it may work better given just the expression levels amongst sub-types. 

 

TNBC/HER+ Poster - 

 

This is definitely the UQAM work as they’re labeled up top.

 

I don’t know enough about trafficking through lysosomes to understand that aspect, which seems to be one of the new conclusions on the poster.  I guess it has something to do with it being a marker that it clearly shows it “…internalized via endoyctosis pathways leading to lysosomes”.  Only other possibly new feature is they showed TH1902 worked in a Her2-positive tumor where Herceptin typically doesn’t work, and a combo with Herceptin was also highly effective.  Seems a lot of these broad conclusions were basically known, so nothing seriously new and it’s all still mice v. Humans before anyone will take this pre-clinical stuff to the bank again.

Comment by SPCEO1 on Apr 18, 2023 10:51pm
Tanks Wino -  I really appreciate you plowing through all of that and summarizing it for us non-scientific types.
Comment by qwerty22 on Apr 19, 2023 1:56am
On the anti-PDC-l1 poster. I don't disagree with anything you say but there's another way to look at this. You've done the right thing in comparing the th1902 combo with the other combos but it struck me you could also look more closely at the th1902 affect alone. Well first off let's just look at the th1902 alone graph. The mice are given 2 drug cycles. In the first cycle the ...more  
Comment by SPCEO1 on Apr 19, 2023 10:03am
Thanks to you as well QWERTY. We are really fortunate to have so many good posters on this board.
Comment by Wino115 on Apr 19, 2023 12:39pm
Great insights and we have all sorts of questions that it would be nice to hear the company talk about in a release --a bit more context around the poster, what they believe are key for both the science aspect and the commercial aspect and what their plan is. Inform investors of what they believe this tells in layman terms and go a bit more in depth to explain things like what you bring up.   ...more  
Comment by Mannequin on Apr 19, 2023 12:48pm
Is it very typical to have this level of investor communication about what they have found to date? What I mean by that is this. Do you believe they can, would, could or should tell us these things? I am asking as it does appear that we hear very little. I am concerned that the company selectively underfeeds investors, which is why there are no followers, no excitment with the hype surrounding ...more  
Comment by Wino115 on Apr 19, 2023 1:05pm
I would say yes, but not super detail, and in a general way as far as laying out commercial priorities and strategies.  They have in the past when they did deep dive pipeline science days -- that got in to super detail.  I'm not asking for that, just further clarity on some of the qwerty questions and mine. --The poster has conclusions and they have so far only stated those ...more  
Comment by scarlet1967 on Apr 19, 2023 3:00pm
If TH1902 indeed stop working after one or two weeks I would guess it is not because of lack of only internalizations as they did have off targeted delivery resulting in side effects so I would think the drug internalizes in both healthy and cancerous cells under constant pressure will eventually develop “acquired resistance” to the cytotoxic agents due to mutations among others. During the trial ...more  
Comment by Wino115 on Apr 19, 2023 8:56pm
Yep, will be important for them to lay it out when ready to re-enroll, which I hope they do on a limited within-budget basis. Important to note that the chart was the half MTD dose level for DTX and TH1902. The other chart showed the normal DTX and TH1902 doses and shrinkage continued until the end of that, which was only 2 weeks though. I'm not too fused about that showing as we have another ...more  
Comment by qwerty22 on Apr 20, 2023 11:17am
That's a good point but I guess we are dealing with symptoms with these toxicities. You could damage nerves over a short period of time but the symptoms persist even though the damage is not ongoing. Ongoing symptoms are not necessarily a sign of ongoing damage, they could just be from some initial damage that takes time to heal. Anyway I'm joining speculative dots here. Strong chance I ...more  
Comment by scarlet1967 on Apr 20, 2023 5:01pm
Another aspect of intermittent dosing is it will allow other cells(healthy cells) to develop resistance. It appears tumor cells develop the resistance faster so slowing down that resistance as healthy cells catch up is the idea. The logic behind it on molecular level seems to be complicated and but the results seems to be less toxicity and better efficacy. Also as you stated the side effects might ...more  
Comment by palinc2000 on Apr 20, 2023 5:35pm
This technical stuff is fascinating to read especially by someone who is much  more familiar with Intermittent Fasting  than Intermittent dosing
Comment by Wino115 on Apr 19, 2023 12:54pm
Lastly with a commercial view, it seems to me a lot of these combo trials are a means for a company to move a bit quicker with their own drug and by combining it with an existing standard of care, the perceived risks (both science and investment) are more acceptable. We know combos also fail, but it's pretty darn clear they are probaby the largest group of trials going on in cancer if you ...more  
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