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Claritas Pharmaceuticals Inc V.CLAS.H

Alternate Symbol(s):  CLAZF

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

Comment by Captainblkon Mar 05, 2020 11:26am
79 Views
Post# 30770506

RE:RE:Obviously there is a lot to take in, as well as Knee/jerk

RE:RE:Obviously there is a lot to take in, as well as Knee/jerk
Scotty wrote: I agree this NR is a very mixed bag with a lot of potential. The only thing that really makes me nervous is the RS, why would this be necessary if there was incoming financing? Plus, don't you think this will be shorted into oblivion?

very mixed feelings that I am working through. 

THIS could be the partnership we were lead to believe was happening; instead of some sort of "angel investment" from a big pharma, we have (potentially) merged with another (strong?) company to stand on our own 2 feet. 

As belgium mentioned we may  now be a multi-billion dollar business instead of multi million.

I havent looked yet but any new info on that 2020 phase 2 and three timeline from yesterday? surely there will be some info surrounding that soon

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