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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 DeathXray33on Mar 28, 2024 2:56pm
124 Views
Post# 35958701

RE:Is she saying that TLT can get fund rather than PP in 2024?

RE:Is she saying that TLT can get fund rather than PP in 2024?
managementfirst wrote: Kristina Hachey CPA, Chief Financial Officer of Theralase® stated, "The 2023 annual financial statements are representative of the Company investing in the development of its lead asset, light-activated RuvidarTM, with a focus on commercializing the next standard of care treatment for BCG-Unresponsive NMIBC CIS. In 2024, the Company plans to secure funding through various equity and debt instruments to allow the Company the ability to become base shelf eligible. This will allow the Company sufficient funding to complete enrollment into Study II by year end, data lock in mid 2026 and position the Company for FDA and Health Canada approval the end of 2026."


"commercializing", "standard of care", "equity and debt instruments", "sufficient funding"...
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