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Claritas Pharmaceuticals Inc V.CLAS.H

Alternate Symbol(s):  CLAZF

Healthcare
Claritas Pharmaceuticals, Inc., formerly Kalytera Therapeutics Inc, is a biotechnology company that is focused on developing R-107 for the treatment of vaccine-resistant coronavirus disease (COVID) strains. The Company’s products in development include R-107 for coronavirus disease and Viral Infections, R-107 and Vaccines, and CLA-1816 for treatment of pain. R-107 is designed to defeat COVID viruses on contact. R-107 targets the Achilles heel of COVID, the spike protein on the surface of the virus. R-107 releases nitric oxide, which attaches to a specific amino acid on the spike protein, thereby disabling the spike protein. The CLA-1816 provides effective pain reduction, without the risks of addiction or respiratory suppression that exist with opioid analgesics. CLA-1816 strongly binds with and activates the alpha3 glycine pain receptor in the spine. The Company has leased a laboratory, office, and archival space in Beverly, Massachusetts.


TSXV:CLAS.H - Post by User

Claritas Pharmaceuticals Inc
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Comment by CalifDreamingon Jan 13, 2011 9:13pm
583 Views
Post# 17969716

RE: Quetzal Energy Files Preliminary Short Form Pr

RE: Quetzal Energy Files Preliminary Short Form Pr$30MM secondary at say,
.135 is 222MM additional shares, with perhaps another 222MM
.20 warrants, pushing this play to ~1B fully diluted.  This is essentially death spiral financing.  Need significant discoveries to overcome the dilution effects on valuation, let alone grow reserves/production per share.
BWN is a lot more attractive with better balance sheet and access to lower cost capital.  That's why BWN is up ~30% since the upper Mirador was water wet, while QEI is down 35%...
Bullboard Posts
Dealroom for high-potential pre-IPO opportunities