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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 > US Market Closed Today
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Post by indaknownewfieon May 25, 2020 10:52am
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Post# 31068633

US Market Closed Today

US Market Closed TodayI could be totally wrong but the trading day immediately after a US Holiday usually shows a bit of a spike. If you factor that in and the fact this is Covid-19 related and apparently being funded by BARDA, government funding grants, and they are already in two prestigious US Hospitals, It could transform this stock. Getting some B Warrants today. I  Dont think the price is going to stay this low for long.  In the meantime anything cannabis related is starting to see a third wave of bullish behavior.  I remain hopeful. 
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