Theratechnologies Acquires Commercial Rights to Ibalizumab in the European Union and Four Additional Territories

MONTREAL, QUEBEC–(Marketwired – March 6, 2017) – Theratechnologies Inc. (Theratechnologies) (TSX:TH) is pleased to announce that it has reached an agreement with TaiMed Biologics, Inc. for the acquisition of the commercial rights to ibalizumab in the European Union, Israel, Norway, Russia and Switzerland.
Ibalizumab is an investigational humanized monoclonal antibody currently being developed for the potential treatment of multidrug resistant (MDR) HIV-1 infection. Theratechnologies first acquired the commercial rights to ibalizumab in the United States and Canada in March 2016. The existing agreement between both companies has been amended to include the additional territories and related new obligations.