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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 > update from CEO
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Comment by JMark80on Sep 11, 2020 9:16pm
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Post# 31547563

RE:RE:RE:RE:RE:RE:update from CEO

RE:RE:RE:RE:RE:RE:update from CEO$24,000 is still a significant amount of money. They had a decent pipeline a few years ago when cannabinoid companies were still in favour (did you see all the indications they shelved? This time it's different! I swear!!), but had completely incompetent mgmt. They were undercapitalized, and became asset-centric. They didn't forecast development costs, market size, etc. They wasted two years and millions of investors money, while lining their pockets. Robert Farrell should be embarrassed of himself, but couldn't care less. He should have been fired a long time ago!
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