Theralase Technologies Inc. V.TLT

Health Canada

[99942Apophis]

Today's approval by Health Canada was perhaps overlooked by many of us because we were so focused on the US FDA , however to me and everyone I can truly say we are beyond pleased with this news release. In a short while I believe we will also hear the same positive approval coming from the FDA, Today's news has removed the pins & needles from my anticipation,  great news and a big thank you to all those at Theralase who made this happen.

[riverrrow]

HEALTH CANADA!   Yes, HEALTH CANADA!  This has nothing to do with the FDA or BTD submission.  In fact, I would like to be very optimistic and suggest that in a back handed way Health Canada has just approved Ruvidar as a treatment option for NMIBC.  My limited experience with various government agencies is that while quite often you don't get what you want on paper or

[riverrrow]

As a follow up this is also a very good indication that Health Canada recognizes the safety aspects of Ruvidar and that multiple treatments have a good prospect of raising the CR.

[99942Apophis]

yes riverrrow you are correct, after reading it again I realize my error. 

[CAinPlap]

My take on the trial amendment is that the original trial protocol called for 2 treatments. As some patients were chosing not to get the 2nd treatment, the trial was tainted as they were not following the original trial protocol. This fixes that.

[Longholder99]

I agree.  In giving no objection to additional treatments as required Health Canada has given the green light quietly AND has said it without saying it....that Ruvidar can and does remove cancerous cells from the bladder safely.  Just sometimes you have to do it a few times and not necessarily on a date driven schedule.  Very big news if you think about it. 

[Rumpl3StiltSkin]

OK, so will the FDA do the same?  :-)

[skys1]

This developement also means many patients getting additional treatments. additional treatments means more revenue and therefore more profits. TLT keeps getting more valuable to a prospective suitor.

[menoalittle]

>> prospective suitor Can't say as I would object much to a takeover deal from Merck at this point. As long as it's not a cash deal.  10 shares of TLT for 1 of MRK? (would probably be quite the bargain from MRK's perspective...) 

[Infinity]

That would be dream come true proposal. Potentialy a perfect combination to supplement Ruvidar to their already approved Keytruda.  Make Keytruda more effective..

[chry200030]

might be a bit too cheap. 5 for 1 would be about right..

[skys1]

Menoalittle, re-prospective suitor, your proposed TLT 10 to MRK 1? That's roughly $10 p/sh. That's interesting as my valuation of TLT is currently in the 3 to 4 $ billion range which is roughly $10 p/sh. However, consider all the new prospective hires that TLT is planning most of which are experienced professional clinical trial specialists for their planned new trials. How would that

[BudFoxx2020]

Since comedy hour has started.  Here we go.  Spin, spin, spin.  The promoters burying the news that BTD is delayed again.  Lololololol.  Once again best way to distract.  Talk about billions and billions while share price is at 0.26 cents.  Lolololololol.  Like I said just come here for the endless laugh and entertainment provided by these promoters here

[Oden6570]

And I will drink to that !

[99942Apophis]

skys1,  I would be very interested in seeing your calculations to support your $10 a share price. In the past my calculations were laid out for anyone to criticize or support,  what PE ratio are you using? My lowest share price at the time was $20 however that was only for NMIBC in Canada & US. 

[Paradise818]

How much will the patent for Ruvidar and updates be worth once approval received and we also start treating other cancers?  Sherri is going to be one rich girl. 

[skys1]

I agree riverrow, this is a very positive news release and will provide an additional aspect to TLT in it's trial results. How some on this Board can create some negativity related to it makes no sense. It just confirms SF's opinion of the negativity on this board.