Theratechnologies Announces Resumed Production of EGRIFTA SV®
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Theratechnologies Inc. has resumed production of EGRIFTA SV® after a temporary shutdown to address FDA inspection observations.
December 03, 2024 | 9:45 pm
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POSITIVE IMPACT
Theratechnologies Inc. has resumed production of EGRIFTA SV® after a voluntary shutdown to address FDA inspection observations. This is a positive development as it resolves regulatory issues and allows the company to continue its operations.
The resumption of production indicates that Theratechnologies has successfully addressed the FDA's concerns, which is crucial for maintaining its product supply and revenue stream. This development is likely to have a positive impact on the stock price as it resolves a significant regulatory hurdle.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100