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Destroying Cancer at the Speed of Light®

Clinical Study Underway (68 of 100 Patients Treated)
Expected to complete enrollment at the end of 2024
Expected to complete study at the end of 2026


Bullboard - Investor Discussion Forum 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... see more

TSXV:TLT - Post Discussion

Theralase Technologies Inc. > Example of a jv deal
View:
Post by ScienceFirst on Apr 04, 2023 10:27am

Example of a jv deal

Not even in preclinical ...


French pharma Pierre Fabre is offering up over $600 million in biobucks to work with Scorpion Therapeutics

“It's not easy to do a deal at all in this environment,” Scorpion CEO Axel Hoos, M.D., Ph.D., told Fierce Biotech. “Then get a tailored deal that serves so many purposes for us—it’s a good accomplishment.”

The Boston-based oncology biotech is set to make $65 million from an upfront payment and near-term milestones tied to the exclusive licensing agreement. The deal centers around its early-stage, next-gen mutant epidermal growth factor receptor (EGFR) inhibitors for patients with non-small cell lung cancer (NSCLC).

Under the terms of the agreement, Scorpion will lead clinical development of one of the assets, dubbed STX-721, while Pierre Fabre will guide clinical activities on the other, STX-241. Scorpion will keep commercialization rights for all product launches in the U.S., Canada and Japan, while Pierre Fabre will take on commercial activities in all other territories, with a focus on Europe and China. Both companies will share expenses for global development.

If all goes to plan, Scorpion will be in line for a further $553 million in potential milestone payments down the line as well as royalties.

“Based on their preclinical data, we've concluded that STX-721 and STX-241 may present best-in-class product profiles,” Francesco Hofmann, Ph.D., Pierre Fabre’s head of R&D for medical care, said in an April 4 release. “Further, this partnership will significantly expand our efforts in precision oncology, allowing us to better support the care and treatment of thousands of people globally.”

The two assets that the pharma is adding to its repertoire are products of Scorpion’s precision oncology drug-hunting platform, dubbed Precision Oncology 2.0. STX-721 is an orally delivered small molecule designed to target exon 20 insertion mutations in EGFR. Various EGFR mutations are known as common drivers of NSCLC. Currently in preclinical studies, Scorpion anticipates submitting an application to launch clinical trials for STX-721 to the FDA in the third quarter of the year, according to Hoos. 

The other asset, STX-241, is an orally delivered central nervous system-penetrant small molecule created to target treatment-resistant NSCLC patients who also have exon 19 or 21 mutations. The biotech intends to submit a trial application to the FDA for the asset in the first half of next year.

 

The assets represent two-thirds of the pipeline Scorpion has unveiled over its three years, a rate of development that Hoos believes speaks to the quality of the molecules and platform. The 2.0 tech includes genomewide CRISPR screening with medicinal chemistry and data capabilities such as chemical proteomics and supercomputing. In other words, the platform combines several innovations to develop small molecules that are more selective, which improves treatment efficacy and reduces toxicity.

 
Comment by Gman620 on Apr 04, 2023 11:45am
What are the odds that TLT DOESN'T get a 'deal', JV or otherwise?  What's the historical metrics on promising treatments sitting on shelves and/or disappearing due to lack of investment?  I'm sure someone tracks this, and it would be an interesting data point.  I certainly hope this isn't a reality, but everything has to be looked at.
Comment by Rumpl3StiltSkin on Apr 04, 2023 12:05pm
0% TLT will be unsuccessful with BTD+AA in hand. They will either get bought out by someone that wants their tech. Or a JV. Or they stay independent as the go to late stage NMIBC/MIBC treatment.
Comment by N0taP00p on Apr 04, 2023 12:06pm
Always appreciate your effort to drum up positive news, though there's an element of conflating unrelated drug successes with TLTs projected success.  You would think that all the smart minds and investors would know about the tremendous potential of TLD1433.   But we're at 20 cents USD.  What does that tell us?  We're in the shadows till BTD and maybe till AA. ...more  
Comment by Eoganacht on Apr 04, 2023 12:24pm
Conferences are more about educating urologists as to the advantages of our treatment, so that when we are allowed to commercialize there is a ( hopefully eagerly anticipating ) market for our product.  Despite all the cynical conspiracy theories being noised about, I believe medical specialists are genuinely looking out for the best interests of their patients - and that entails providing ...more  
Comment by CancerSlayer on Apr 04, 2023 4:18pm
  The practice of medicine (under the pressure of high costs & a growing centralized/managed healthcare system) is becoming more & more evidence-based (i.e. less bending to individual physician preferences), & drug formulary committees have to not only consider a drug or treatment's efficacy & safety, but also have to examine the impact of cost/reimbursement potential in ...more  
Comment by N0taP00p on Apr 04, 2023 6:36pm
Well said, Slayer. I do agree with Eoganacht's point about more urologist eyeballs on this at a conference, but the power of a BTD fills the seats, so to speak, vs a poster presentation at a conference. I've been to many (non medical) conferences and most of the time, poster presentations are a gap filler. It's better than nothing but the crowds always migrate to the big things. Having ...more  
Comment by CancerSlayer on Apr 04, 2023 11:32pm
  Agree re: the impression a BTD or AA would make; however, getting significant data out to the public pre & post BTD/AA can sometimes have a more positive impact....becoming familiar with a new story & watching it develop to its conclusion can be a much more memorable/influential experience for those in the know.  For me, the importance/moral of the story sometimes gets lost ...more  
Comment by N0taP00p on Apr 05, 2023 2:54am
Hahaha. I like the metaphors.  You could be a writer, Slayer.  I want to believe that the word is getting out and the rainbow is forming (with real pots of gold at both ends),  but the gut punch from other equally hopeful investments still hurt.  I'm burning sage and casting out all negative thoughts.  My shares are still on GTC sale mode for $15 and $20.   ...more  
Comment by ScienceFirst on Apr 04, 2023 1:29pm
N0taP00p ... You're still unable to understand why I post these. ___________   N0taP00p - (4/4/2023 12:06:56 PM) RE:Example of a jv deal  Always appreciate your effort to drum up positive news, though there's an element of conflating unrelated drug successes with TLTs projected success.  You would think that all the smart minds and investors would know ...more  
Comment by N0taP00p on Apr 04, 2023 1:34pm
Uh huh. 
Comment by Gman620 on Apr 04, 2023 4:12pm
Well, since no one really answered the question. I asked ChatGPT the general question: What percentage of promising cancer treatments actually get commercialized? > The percentage of promising cancer treatments that actually get commercialized can vary widely depending on various factors such as the type of cancer, the stage of development of the treatment, the success rate in ...more  
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