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Theralase Technologies Inc. V.TLT

Alternate Symbol(s):  V.TLT.W | 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 StevenBirchon Apr 02, 2022 11:24am
211 Views
Post# 34569979

RE:RE:RE:Who is the suitor in a buyout

RE:RE:RE:Who is the suitor in a buyout I think a JV is more likely in the short term and I wouldn't be surprised if preliminary talks have already taken place, maybe a deal in place pending BTD.

I can't believe that they are waiting for more data just for us and if nothing's cooking then why not just give us the usual update, it can't be that onerous of a task for them. So by waiting a little bit here are they trying to impress the FDA and/or any possible partners?

I think success with NMIBC is being used to finance their future plans and then it will be clearer just what this great little company is worth and the bidding war can begin. I think I've already spent $12 worth in my head but these buyouts are also reported in US$ so that shouldn't be a problem. 

I akso don't think we see a buyout until Roger is back in charge and that would be fitting in my opinion.
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