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Theralase Technologies Inc. V.TLT

Alternate Symbol(s):  TLTFF

Theralase Technologies Inc. is a Canada-based clinical stage pharmaceutical company. The Company is engaged in the research and development of light, radiation, sound and/or drug-activated small molecule compounds, their associated drug formulations and the light systems that activate them, with a primary objective of efficacy and a secondary objective of safety in the destruction of various cancers, bacteria and viruses. It operates through two divisions: the Drug Division and the Device Division. The Drug Division is responsible for the research and development of light-activated small molecules primarily for the treatment of cancer with assistance from the Device Division to develop medical lasers to activate them. The Device Division is responsible for the Company’s medical laser business, which research, develops, manufactures and distributes cool laser therapy (CLT) systems to healthcare practitioners, predominantly for the healing of pain.


TSXV:TLT - Post by User

Bullboard Posts
Comment by tuesdaynightridon Nov 23, 2014 1:18pm
179 Views
Post# 23156262

RE:RE:RE:Question for Tuesday

RE:RE:RE:Question for TuesdayNgamia, Thanks for the post. I don't have a lot of time as a football game I'm going to want with friends is on. But let's take the TLC2000 as an example. They were going to get HC approval in late September or early October. The fact is that HC has not approved the device yet (or maybe I'm the only one on this board that doesn't know that HC did approve it). So everything with TLC2000 is sequential meaning that they can't go to sales until HC approval, etc. So I can't hold sales against them until there is HC approval. Now let's say for the sake of argument that TLC presented approval data of mathematical data or model showing that a 100mm penetration depth as claimed. Let's say that because this claim is deeper than any laser on the market, HC wants actual not theoretical proof. That would be a reasonable reason for delay (remember, I don't know why there is an approval delay). But assuming something like the above is the reason, why can't TLT just come out and give the reason. Instead, there is no update on a critical timeline for TLC2000 and every other TLC2000 is dependant on it. Just give us an update and reasons for delay! You write, "You think pressure from board helps your investment? you think more pressure on Roger makes him work better and talk more"? No, what I think is that in 1st half of 2014 we had a multitude of press releases and interviews on timelines. In the 2nd half of 2015, presumably closer to meeting all timelines, we have TLT silence. That is what I think!
Bullboard Posts