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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 Benedictuson Sep 25, 2023 11:57pm
233 Views
Post# 35653810

RE:RE:RE:RE:RE:RE:RE:RE:Financial Advisor

RE:RE:RE:RE:RE:RE:RE:RE:Financial Advisor
GrahamB wrote:
Oilminerdeluxe wrote: Ok, Graham. I will take the bait. What do you mean when you say the story isn't proven? Do you suggest that the people that are cancer free after 15 months are NOT cancer free at 15 months and beyond? Because, THEY ARE!

Thanks for your thoughts oilminer-appreciate learning more about the molecule and great to hear your enthusiasm.

My basis for saying  the story (Ruvidar ) is unproven at this point, comes directly from they companies data.
 
For the most recent data, that I have seen, correct me if you have more recent data, the Phase II NMIBC Clinical Study, the primary objective is:
“In patients with BCG-Unresponsive CIS, who are ineligible for or decline radical cystectomy, RuvidarTM will result in a durable Complete Response (“CR”) that is greater than 20%”
 
So far, very encouraging results are reported, but it is only an interim analysis in the study is not completed nor reported fully.
 
The results are promising, but preliminary, and not proven yet. 
 
This is acknowledged by the company in the investor deck :”The data analysis is only a representation of the data accrued to date and does not intend to represent a tendency or portray any conclusion as to the effectiveness, duration or safety of the investigational treatment. “https://theralase.com/wp-content/uploads/2023/05/Theralase-Corporate-Presentation-05-18-2023.pdf
 
To your point, there was evidence of CR at Fortnite, and 50 days, however, only 11  Patients were evaluable as the team notes:
 
“11 Evaluable Patients that achieved CR at each assessment date and thus achieved the primary and secondary objectives of Study II for all patients assessed up to 450 days (11/37 =30%).”https://theralase.com/wp-content/uploads/2023/05/Theralase-Corporate-Presentation-05-18-2023.pdf
 
So it’s not an opinion, as I understand it, it is because the study has not been completed, so we cannot scientifically conclude that it is proven.

Remember, there is a bias in studies that are small, especially selection bias (and 37 patients is small, even 100 is) and the result may not be replicated. this has been reported extensively where  in larger studies, or in clinical practice, the patients  may be different .

There’s a good review on this, but essentially the authors state :  “The most well-known reasons for small study effects include publication bias, outcome reporting bias and clinical heterogeneity”https://www.ncbi.nlm.nih.gov/pmc/articles/PMC7736122/
 
Finally, once the study is reported it needs to be peer reviewed.
 
So, I am not saying that it won’t be effective, or there are certain concerns, only that it hasn’t been proven yet. That is something   that the company themselves are stating.
 
Once again, this is my opinion based on my reading, and my review of the scientific literature. People should be thier own do diligence, and don’t make decisions  to buy or sell based on what you read on these boards, by anyone, especially me. I haven’t gone on to do more work further on this in stock, because it didn’t pass the initial screen. But it’s on my watchlist, and I will see when the data gets reported. 

So I wont be here until there is material data- after we finish this little discussion.


Graham, while I appreciate your thorough posts here, the recent MD&A is the more suitable up to date resource to use as a reference. The results have improved to 13 CR in 39 patients (33%), with the optimized cohort at 10 CR in 29 patients (34%). Yes, this is preliminary data but it is far stronger than the approved options for patients. We also must keep in mind there is a real urgency to provide safe and more effective options for patients - this is whyTLT was granted fast track designation and is in a good position to be granted BTD having already achieved well above the minimum requirements set by the FDA. 
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