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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 > split?
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Comment by kdog1caon Feb 28, 2021 2:12pm
182 Views
Post# 32681911

RE:RE:RE:split?

RE:RE:RE:split?Why would a reverse split be bad? How else are you going to take a 500M shares O/S company to the Nasdaq at this early developmental stage? Give your head a shake.

We are a minimum $200M Market Cap company right now as it stands - which is 40 cents on the Jr. Board - waaaay under Nasdaq listing requirements, and if we get back to 50M shares, we'll be a $4.00 Nasdaq Stock.

... and with a few good NR's on Phase 1 and Phase 2 out of Adelaide we'll be a $500M Market Cap company, or a $10 Nasdaq stock on a 10-1 reverse split.

Let's Go to the Big Board!

Geesh.. some people...


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