Theratechnologies Faces Potential Supply Disruption For Its Top Selling Drug, Warns of Revenue Impact Due To Manufacturing Delays [Yahoo! Finance]
Theratechnologies Inc. - Common Shares (THTX)
Company Research
Source: Yahoo! Finance
On Tuesday, Theratechnologies Inc. (NASDAQ: THTX ) warned of a potential temporary supply disruption of Egrifta SV (tesamorelin for injection) in early 2025 The FDA has approved Egrifta SV as the only treatment for HIV-related excess visceral abdominal fat. The interruption is linked to an unexpected voluntary shutdown of the contract manufacturer's facility following an FDA inspection. The FDA review timeline could delay the resumption of product distribution, but the company is actively working with its manufacturer and the FDA to minimize patient impact. Paul Lévesque, President and CEO of Theratechnologies, expressed confidence that patient needs in 2025 will be met despite this disruption. To mitigate the risk of shortages, Theratechnologies plans to implement measures to manage Egrifta SV inventory levels through early January 2025. However, due to the supply challenges, the company anticipates a revenue shortfall of approximately $1.6 million for its fiscal year 20
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THTX
News
- Theratechnologies IDWeek Presentations Highlight the Impact of Excess Visceral Abdominal Fat (EVAF) on Cardiovascular Disease (CVD) Risk in People with HIV [Financial Post (Toronto, Ontario, Canada)]Financial Post
- Theratechnologies IDWeek Presentations Highlight the Impact of Excess Visceral Abdominal Fat (EVAF) on Cardiovascular Disease (CVD) Risk in People with HIVGlobeNewswire
- Theratechnologies Unveils Study Design and Baseline Characteristics of PROMISE-US Trial of Ibalizumab in Heavily Treatment-Experienced People with HIV and Multidrug Resistance [Financial Post (Toronto, Ontario, Canada)]Financial Post
- Theratechnologies Unveils Study Design and Baseline Characteristics of PROMISE-US Trial of Ibalizumab in Heavily Treatment-Experienced People with HIV and Multidrug ResistanceGlobeNewswire
- Theratechnologies Inc. (THTX) Q3 2024 Earnings Call Transcript [Seeking Alpha]Seeking Alpha
THTX
Sec Filings
- 10/10/24 - Form 6-K
- 10/10/24 - Form 6-K
- 9/25/24 - Form 6-K
- THTX's page on the SEC website