Sector: Healthcare | Industry: Pharmaceuticals |
Company Contact | |
Address: | 2015 Peel Street, 11th Floor MONTREAL QC H3A 1T8 |
Tel: | 1-438-3156608 |
Website: | https://www.theratech.com |
IR: | See website |
Key People | ||
Paul Levesque President, Chief Executive Officer, Director | Philippe Dubuc Chief Financial Officer, Senior Vice President | Christian Marsolais Senior Vice President, Chief Medical Officer |
Marienoel Colussi Vice President - Finance | Andre Dupras Vice President of Human Resources | Jocelyn Lafond General Counsel, Company Secretary | John Leasure Global Commercial Officer |
Business Overview |
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 in HIV, nonalcoholic steatohepatitis (NASH) and oncology. Its medicines include Trogarzo and EGRIFTA SV (tesamorelin for injection). Trogarzo (ibalizumab-uiyk) injection is a long-acting monoclonal antibody which binds to domain 2 of the CD4 T cell receptors. It blocks viral entry into host cells while preserving normal immunologic function. The Company is also investigating an intramuscular method of administration of Trogarzo. EGRIFTA SV (tesamorelin for injection) is approved in the United States for the reduction of excess abdominal fat in people with HIV who have lipodystrophy. |
Financial Overview |
For the three months ended 29 February 2024, Theratechnologies Inc revenues decreased 18% to $16.2M. Net loss decreased 57% to $4.5M. Revenues reflect Europe segment decrease of 70% to $78K. Lower net loss reflects Research and development expenses decrease of 60% to $3.8M (expense), G/L on debt restructuring decrease from $2.7M (expense) to $0K. Basic Earnings per Share excluding Extraordinary Items increased from -$0.43 to -$0.09. |
Employees: | 89 as of Nov 30, 2022 |
Reporting Currency: | U.S. Dollars |
Enterprise value: | $107.62M as of Feb 29, 2024 |
Annual revenue (TTM): | $106.68M as of Feb 29, 2024 |
EBITDA (TTM): | -$6.25M as of Feb 29, 2024 |
Net annual income (TTM): | -$24.58M as of Feb 29, 2024 |
Free cash flow (TTM): | -$7.71M as of Feb 29, 2024 |
Net Debt Last Fiscal Year: | $28.26M as of Feb 29, 2024 |
Shares outstanding: | 45,979,758 as of Apr 11, 2024 |
TTM: Trailing Twelve Months EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization |