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Theratechnologies Inc.

09:51 AM EST - Theratechnologies Inc. : Today announced further changes to its operations that will see a tapering of R&D activities, which necessitates a reduction of up to 25 positions. The Company expects to realize recurring yearly savings of approximately US$3.5 million resulting from this reorganization and will record a restructuring charge of approximately US$1.5 million in its fourth quarter of 2023. Theratechnologies Inc. shares T.TH are trading up $0.05 at $1.98.