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Stock impact report

Theratechnologies Announces Financial Results for the First Quarter of 2020

Theratechnologies Inc. - Common Shares (THTX) 
Company Research Source: GlobeNewswire
MONTREAL, April 14, 2020 (GLOBE NEWSWIRE) -- Theratechnologies Inc. (Theratechnologies) (TSX: TH) (NASDAQ: THTX), a commercial-stage biopharmaceutical company, today announced its financial results for the first quarter ended February 29, 2020. First quarter 2020 financial highlights First quarter net sales of $15,719,000, up 4.1% from the same quarter last year Trogarzo® sales up 17.4% from the same quarter last yearEGRIFTA® and EGRIFTA SVTM sales slightly down from the same quarter last year Cash position of $34,770,000 at February 29, 2020 “Our first quarter results show that we were off to a good start, particularly for Trogarzo®. Our job is now to ensure that the current pandemic does not slow down our momentum. As we recently announced, we have enough inventory to meet market demand in territories where we market our products, our supply chain remains intact and our research and development activities are still progressing. This is quite an accomplishment under the circumst Show less Read more
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