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Theralase Technologies Inc. V.TLT.W


Primary Symbol: V.TLT Alternate Symbol(s):  TLTFF

Theralase Technologies Inc. is a Canada-based clinical-stage pharmaceutical company. The Company is engaged in the research and development of light activated compounds and their associated drug formulations. The Company operates through two divisions: Anti-Cancer Therapy (ACT) and Cool Laser Therapy (CLT). The Anti-Cancer Therapy division develops patented, and patent pending drugs, called Photo Dynamic Compounds (PDCs) and activates them with patent pending laser technology to destroy specifically targeted cancers, bacteria and viruses. The CLT division is responsible for the Company’s medical laser business. The Cool Laser Therapy division designs, develops, manufactures and markets super-pulsed laser technology indicated for the healing of chronic knee pain. The technology has been used off-label for healing numerous nerve, muscle and joint conditions. The Company develops products both internally and using the assistance of specialist external resources.


TSXV:TLT - Post by User

Comment by Eoganachton Dec 07, 2022 10:03pm
214 Views
Post# 35158022

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:2 weeks: It’s all it took for Merck to get AA

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:2 weeks: It’s all it took for Merck to get AAHi FGPstock - I think you've got things mixed up a bit. There can't be any launch of TLD-1433 sales in 2024 without accelerated approval. Assuming we treat all 100-120 patients by the end of 2023 we will have to wait another 450 days before applying to the FDA and HC for approval which will bring us to 2025.

What you quoted below is from an older report by Dr. Uddin. Currently he does not project approval before 2026. Analysts get things wrong all the time. If we do get AA he will just change his analysis again and not lose a wink of sleep.

FGPstock wrote:
Didn't say I was selling. Just trying to figure out why the person who knows more than all of us just pushed backed the revenue target 2 years

I don't need to be a pumper like you to invest in a stock. I look try to look at things objectively. You should give it a try.

He also expects 2022 ($907,000) and 2023 ($998,000) to come in below the $1 million mark in terms of revenue, but he forecasts 2024 to be a major year, with the forecasted launch of TLD-1433 sales expected to fuel a rise to $30.9 million in revenue, the start of a growth ramp that Uddin forecasts to reach $255 million by 2030, almost entirely fuelled by continued TLD-1433 sales.


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