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Theralase Technologies Inc. V.TLT

Alternate Symbol(s):  V.TLT.WT | 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 ScienceFirston Jan 24, 2023 8:57pm
229 Views
Post# 35243867

RE:RE:RE:Pfizer or Roche as jv partners for the NMIBC

RE:RE:RE:Pfizer or Roche as jv partners for the NMIBCThere won't be a buyout at this point. TLT will want to maximize our value by demonstrating what it can deliver, when compared to competition.

TLT's goal is to jv first in NMIBC to demonstrate the value of PDT/PDC and bring it to bedside.  A jv will finally bring us cognition via a fairness in market valuation.

Then, with Ph. 1b in GBM and NSCLC, TLT will demonstrate that PDT/PDC can deliver in more than one field of expertises.  Then, it will put itself on sale to the highest bidder, once we have Ph. 1b NSCLC and GBM efficacy data.

That's been the plan since even before treating our first NMIBC Ph. 1b.  And that's exactly the maturity we're starting to aiming for.

With NMIBC FDA designation, TLT will move away from only a R&D and will enter commercialization and pharma stage levels.
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