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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 N0taP00pon Jan 03, 2024 4:06pm
176 Views
Post# 35809376

RE:ImmunityBio Snags $320M Royalty Deal Ahead of FDA Decision

RE:ImmunityBio Snags $320M Royalty Deal Ahead of FDA DecisionAs written, the solution sounds real good and effective (as long ss BCG is not in short supply).  And just  5 more months before approval.  I bought some options. 

In the meantime for TLT, this new email from their BOD chair (assuming it's true) states they're awaiting data on 6 more patients.  So in addition to requiring extended survival data on CR patients and central lab validation of all data,  wonder if this 6-patient dataset will be the latest delay wrinkle quietly added to the pre-BTD application. I'm resigned to it at this point if it becomes true.  I just see no way around another raise in less than 4-6 weeks. No JV or non dilutive options without first showing you have a winner.  Hardly anyone is trading this stock in the US, so it'll have to be Canadian wallets again. 
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