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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 > A question
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Comment by Looking4Doubleson May 31, 2020 5:00pm
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Post# 31094128

RE:A question

RE:A question
bud13 wrote:
for the long term holders. Penny and happy gang not included. If our share price goes up to say .10 before agreement will this price be taken into account and lower the share count for acquiring this new drug. Or is it set at .015c. Thanks And our American friends stay safe. What a mess


It's impossible to say without seeing the actual deal.  It could be based on percentage of the company, on dollars, etc... IF . . it was based on total dollars, then the shares would be reduced, but I haven't seen any details of the agreement to know

PS trying to stay safe - shows you what an intellectual midget can do to your country.  It's NOT all about 1-2 issues when you vote, it's about who you can TRUST to do the right thing.  BIG difference.
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