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Claritas Pharmaceuticals Inc V.CLAS.H

Alternate Symbol(s):  CLAZF

Claritas Pharmaceuticals, Inc., formerly Kalytera Therapeutics Inc, is a biotechnology company that is focused on developing R-107 for the treatment of vaccine-resistant coronavirus disease (COVID) strains. The Company’s products in development include R-107 for coronavirus disease and Viral Infections, R-107 and Vaccines, and CLA-1816 for treatment of pain. R-107 is designed to defeat COVID viruses on contact. R-107 targets the Achilles heel of COVID, the spike protein on the surface of the virus. R-107 releases nitric oxide, which attaches to a specific amino acid on the spike protein, thereby disabling the spike protein. The CLA-1816 provides effective pain reduction, without the risks of addiction or respiratory suppression that exist with opioid analgesics. CLA-1816 strongly binds with and activates the alpha3 glycine pain receptor in the spine. The Company has leased a laboratory, office, and archival space in Beverly, Massachusetts.


TSXV:CLAS.H - Post by User

Comment by djgton Nov 01, 2010 4:01pm
705 Views
Post# 17641315

RE: no news yet

RE: no news yetEasy folks! Keep in mind that this has already run 50% (0.16-0.24) on the discovery news. Too see a pause is not only to be expected but healthy. Especially considering that the run is based solely on hype of a discovery. As I just learned (again!) with CXT, the discovery is half the equation, having economical goods is the second half. It is the proof in the pudding that the market is now pausing for in my opinion.

Cheers,
djgt
aka Chris Weber
Bullboard Posts