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Theratechnologies Inc. Common - $THTX STOCK NEWS

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Theratechnologies will present long-term efficacy, safety, and pharmacokinetic data on the use of TH1902 in solid tumors at the 2024 ASCO Meeting. The presentation will focus on the Phase 1 clinical trial of sudocetaxel zendusortide in patients with cancers that have high SORT1 expression. Part 3 of the trial in advanced ovarian cancer is ongoing, providing valuable insights into the novel peptide-drug conjugate.

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3.08%
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conferences
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Rhea-AI Summary
Theratechnologies mails its 2024 management proxy circular to shareholders for the upcoming annual meeting, announcing the retirement of Gérald Lacoste and the appointment of Frank Holler as Chair of the Board.
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-1.54%
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none
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Rhea-AI Summary
Theratechnologies Inc. announced that its President and CEO will be presenting at the 2024 Bloom Burton & Co. Healthcare Investor Conference in Toronto. The conference will take place on April 16-17, with the presentation scheduled for April 17 at 10:00 AM ET.
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0.68%
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Rhea-AI Summary
Theratechnologies Inc. reported Q1 2024 revenue of $16.2 million, marking the third consecutive quarter of near-flat-to-positive Adjusted EBITDA. FY2024 revenue guidance is confirmed between $87-$90 million with Adjusted EBITDA of $13-15 million. The Phase 1 trial of sudocetaxel zendusortide in advanced ovarian cancer is accelerating. Recent business highlights include the completion of enrollment for Phase 1 trial participants and the appointment of new Board members. Financially, there was an 18.4% decrease in revenue compared to the previous year, with EGRIFTA SV® and Trogarzo® sales declining. Despite lower revenues, the net loss improved to $4.4 million from $10.4 million in Q1 2023.
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-3.9%
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Rhea-AI Summary
Theratechnologies Inc. presented preclinical data at the AACR annual meeting highlighting the significant tumor regression in colorectal cancer and triple-negative breast cancer xenograft models using investigational camptothecin-peptide conjugates. The study also showed synergistic anti-tumor efficacy with combination therapy. The SORT1+ Technology™ platform utilizes a novel peptide to target SORT1 for receptor-mediated internalization of anticancer agents. The platform demonstrated promising tolerability and anti-tumor effects, supporting its potential in developing novel peptide-drug conjugates for various cancer types.
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6.21%
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Theratechnologies Inc. appoints Elina Tea, Chief Financial Officer at GLS North America, to its Board of Directors and Audit Committee. Ms. Tea's extensive financial and business development experience brings valuable insights to the Company as it focuses on commercial business and new partnerships.
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-4.67%
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management
Rhea-AI Summary
Theratechnologies Inc. will report financial results and provide a business update for its first quarter on April 10, 2024. The call will be hosted by CEO Paul Lévesque and other key members of the management team.
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Theratechnologies Inc. announces the presentation of two posters at the AACR Annual Meeting 2024, showcasing the potential of their SORT1+ Technology™ platform for treating colorectal cancers. The studies demonstrate the effectiveness of sudocetaxel zendusortide (TH1902) in activating anti-PD-L1 immunotherapy tumor cell killing and introduce new camptothecin-peptide conjugates for SORT1+ colorectal cancers.
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13.7%
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conferences clinical trial
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Rhea-AI Summary
Theratechnologies Inc. announced a shift towards a commercial focus by phasing down preclinical oncology research activities to prioritize the Phase 1 clinical trial of sudocetaxel zendusortide. The company aims to attract an oncology R&D partner leveraging its SORT1+ Technology platform. Theratechnologies also shared preclinical data at the AACR annual meeting and initiated the next cohort of patients in the Phase 1 trial. The restructuring will incur cash and non-cash charges to optimize the organizational cost structure.
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0.79%
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Theratechnologies Inc. appoints Jordan Zwick, Chief Business Officer at Mirador Therapeutics Inc., to its Board of Directors and Audit Committee. Mr. Zwick brings extensive experience in the biotech and pharmaceutical industry, global finance, and corporate strategy to guide Theratechnologies towards profitability and growth.
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0.79%
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Theratechnologies Inc. Common

Nasdaq:THTX

THTX Rankings

THTX Stock Data

56.79M
34.20M
6.29%
50.89%
0.03%
Pharmaceutical Preparation Manufacturing
Manufacturing
Link
United States of America
Montreal

About THTX

theratechnologies inc., a biopharmaceutical company, markets prescription products in the united states, europe, and canada. it offers egrifta and egrifta sv, for the reduction of excess abdominal fat in human immunodeficiency virus (hiv)-infected patients with lipodystrophy; and trogarzo, an injection refers to ibalizumab for the treatment of multidrug resistant hiv-1 infected patients. the company's pipeline products include f8 formulation that could be used for the treatment of hiv-associated lipodystrophy; th-1902 for the treatment of triple negative breast cancer; and th-1904 for the treatment of ovarian cancer. the company was founded in 1993 and is headquartered in montreal, canada.