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TH Theratechnologies Inc

2.33
0.00 (0.00%)
18 Dec 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Theratechnologies Inc TSX:TH Toronto Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 2.33 2.38 2.38 0 14:11:42

Theratechnologies: FDA Rejects Newer Egrifta Formulation

24/01/2024 12:49pm

Dow Jones News


Theratechnologies (TSX:TH)
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By Colin Kellaher

 

The U.S. Food and Drug Administration has rejected an application from Theratechnologies seeking approval of a newer formulation of its Egrifta drug.

Theratechnologies on Wednesday said the FDA issued a so-called complete response letter, indicating the agency won't approve the application in its current form and requesting clarifications around chemistry, manufacturing and controls.

The Montreal-based company said the FDA is also seeking additional information related to immunogenicity, adding that it plans to address the FDA's request and continue to pursue approval of the new formulation.

Theratechnologies said the rejection doesn't affect the commercial availability of Egrifta SV, the only medication approved in the U.S. for the reduction of excess abdominal fat in adults with HIV and lipodystrophy.

Trading in U.S.-listed shares of Theratechnologies, which closed Tuesday at $1.72, was halted premarket on Wednesday.

 

Write to Colin Kellaher at colin.kellaher@wsj.com

 

(END) Dow Jones Newswires

January 24, 2024 07:34 ET (12:34 GMT)

Copyright (c) 2024 Dow Jones & Company, Inc.

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