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Theralase Technologies Inc. V.TLT

Alternate Symbol(s):  TLTFF | V.TLT.W

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 ScienceFirston Aug 18, 2022 7:47pm
382 Views
Post# 34906205

RE:RE:US side of trading

RE:RE:US side of tradingIf we get good clinical data in 2 weeks, this will allow us to have Accelerated Approval, which would allow us to get revenues from the remaining patients of our Ph. 2.  That would be another factor that an intereted big pharma would find attractive.  Such AA would also allow us to be a bit more independent while we negociate.

It has never happened in the FDA history that a Breakthrough designation winner was left on the sideline.  Even less with a AA winner.

I noticed that CG0070 is teaming up with 3 big pharmas (Roche, Merck, BMS) in combination with immune checkpoint modulators.  That's why we can act as an eye opener to these big pharmas if we deliver clear data with the optimized group.

That's why it's so important to assess how good our optimized group of patients delivers in terms of efficacy %, notwithstanding the first 12 undertreated patients.
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