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Theralase Technologies Inc. V.TLT

Alternate Symbol(s):  TLTFF | V.TLT.WT

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 May 25, 2023 2:25pm
242 Views
Post# 35464281

RE:Becoming a commercial-stage pharmaceutical company

RE:Becoming a commercial-stage pharmaceutical company

We officially first heard about "Commercialization phase" in the Feb. 7 2022 corporate presentation.  They had probably been hinted by the FDA that, if things continued to be in line with that, despite the issue of the first 12 patients, that FDA Breakthrough designation was really a high probability given that in August 2021, Ph. 1B p#5-6 had been cancer free with a single dose for 3y.

Then, we had to reach that p#25 450-days milestone late 2022 in order to be able to apply for Breakthrough designation.

We're now awaiting this pivotal FDA decision within-3 months.

We have everything to be hopeful.  Especially under 0.35$ avg for any of us.

________________

Becoming a commercial-stage pharmaceutical company

That's the exact wording and clear distinction the industry makes when a biotech, that has no revenues because still focused on R&D, moves to higher notch and is about to generate revenues.

From a R&D biotech to becoming a commercial-stage pharmaceutical company

The next few months will look very interesting both in terms of fundamentals and valuation.


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