Grrrrrr! Update
$Theratechnologies(THTX.US$ •FDA continues to review the file past the Prescription Drug User Fee Act goal date of January 22, 2024
MONTREAL, Jan. 23, 2024 (GLOBE NEWSWIRE) -- Theratechnologies Inc. ("Theratechnologies" or the "Company") (TSX:TH) (NASDAQ:THTX), a biopharmaceutical company focused on the development and commercialization of innovative therapies, has received correspondence from the U.S. Food and Drug Administration (FDA) regarding the Company's supplemental Biologics License Application (sBLA) for the F8 formulation of tesamorelin. The FDA has notified the Company that it is continuing its review of the application beyond the Prescription Drug User Fee Act (PDUFA) goal date of January 22, 2024. Further information will be provided in due course.![]()
MONTREAL, Jan. 23, 2024 (GLOBE NEWSWIRE) -- Theratechnologies Inc. ("Theratechnologies" or the "Company") (TSX:TH) (NASDAQ:THTX), a biopharmaceutical company focused on the development and commercialization of innovative therapies, has received correspondence from the U.S. Food and Drug Administration (FDA) regarding the Company's supplemental Biologics License Application (sBLA) for the F8 formulation of tesamorelin. The FDA has notified the Company that it is continuing its review of the application beyond the Prescription Drug User Fee Act (PDUFA) goal date of January 22, 2024. Further information will be provided in due course.
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Wee newbie : since under further review. why big drop?
TrytosaveabitOP Wee newbie: Because the market did not like that it wasn’t approved right away!
Wee newbie : tat y big drop right away
TrytosaveabitOP Wee newbie: Happens every time! That’s why FDA plays can be very dangerous! They can drop so fast that even if you have a SL in place. It can skip right past it leaving you with a huge loss or bag holding!