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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 enriquesuaveon Dec 05, 2022 1:03pm
226 Views
Post# 35151354

RE:AA requires proof of enrollment

RE:AA requires proof of enrollment

I don't see any problems here.  Clearly laid out in FDA trial guidelines for NMIBC is the fact that if AA is granted, then completion of the same trial could be used as a confirmatory trial.  They already treated 50% of patients, so another 50-60 patients from here, and if they get AA, then by that time they may have already enrolled 70-80 patients IMHO Enrolling after AA is not hard, as this is a single arm ( no placebo group) so everyone enrolled gets treated for free when others need to pay or insurance  IMHO 


N0taP00p wrote: From what I've read, the FDA will require that the company being granted the AA satisfy the FDA wrt enrollment numbers for the confirmatory study to be executed in support of the early approval.  It's a tough spot to be in for a small company.  I couldn't tell if there was any leeway or what the numbers should be. But apparently, the FDA is being careful because many companies did not follow through after AA.  Our best bet might still be an offer for a JV with a big pharma for a two-drug combo. I suspect that will have to wait till Theralase actually submits their application with 450 day data to back it up.  

 

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