Exhibit 99.1
Theratechnologies Provides Update on EGRIFTA
SV® Supply
MONTREAL,
January 9, 2025 (GLOBE NEWSWIRE) -- Theratechnologies Inc. (Theratechnologies or the Company) (TSX: TH) (NASDAQ: THTX), a biopharmaceutical company focused on the development and commercialization of innovative
therapies, today announced that a shortage of EGRIFTA SV® (tesamorelin for injection) will occur at the patient level in mid-January 2025,
following a voluntary shutdown of the contract manufacturing facility in 2024. While the Company is aware of remaining inventory of EGRIFTA SV® in certain pharmacies throughout
the United States, several pharmacies have reported stockouts.
Theratechnologies filed a required Prior Approval Supplement (PAS) to the U.S. Food
and Drug Administration (FDA) on December 18, 2024. The Company subsequently submitted questions as part of a Type D meeting request concerning the status of two recently manufactured batches of EGRIFTA SV®, which are waiting to be released to pharmacies. The FDA confirmed that it would respond to the Companys questions in writing no later than February 8, 2025.
We remain committed to people with HIV who rely on EGRIFTA SV®, as
it is the only FDA-approved medicine of its kind, and we will continue to work with the FDA to expedite the release of the new batches for patients, said Christian Marsolais, PhD, Senior Vice President
and Chief Medical Officer at Theratechnologies.
The Company will update the market on any further material developments.
EGRIFTA SV® is distributed in the United States only.
About Theratechnologies
Theratechnologies (TSX: TH)
(NASDAQ: THTX) is a biopharmaceutical company focused on the development and commercialization of innovative therapies addressing unmet medical needs. Further information about Theratechnologies is available on the Companys website at www.theratech.com, on SEDAR+ at www.sedarplus.ca and on EDGAR at www.sec.gov. Follow Theratechnologies on Linkedin and Twitter.
Forward-Looking Information
This press release
contains forward-looking statements and forward-looking information (collectively, the Forward-Looking Statements) within the meaning of applicable securities laws, that are based on managements beliefs and assumptions and on
information currently available to it. You can identify forward-looking statements by terms such as may, will, should, could, promising, would, outlook,
believe, plan, envisage, anticipate, expect and estimate, or the negatives of these terms, or variations of them.
The Forward-Looking Statements contained in this press release include, but are not limited to, statements regarding: (i) the time period related
to the availability of EGRIFTA SV® to patients; (ii) the date by which the FDA will respond to the Companys questions following its request to