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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 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

Bullboard Posts
Post by CUIN23on Sep 10, 2015 7:11am
275 Views
Post# 24091738

NEWS 9-10-15

NEWS 9-10-15

TORONTO, ON / ACCESSWIRE / September 10, 2015 / Theralase Technologies Inc. ("Theralase" or the "Company") (TLTFF) (TSX Venture: TLT), a leading biotechnology manufacturer focused on commercializing medical technologies to eliminate pain and destroy cancer, announced today that it has successfully completed the toxicology analysis of its lead Photo Dynamic Compound ("PDC"), TLD-1433, in compliance with Good Laboratory Practice ("GLP") standards. This milestone is critical for a Clinical Trial Application ("CTA") submission to Health Canada.

Pending Health Canada approval of the CTA, Theralase would commence enrolling patients inflicted with Non-Muscle Invasive Bladder Cancer ("NMIBC") into a Phase Ib clinical trial aimed at proving the primary objective of safety and tolerability with an exploratory objective of efficacy.

Completion of the GLP toxicology analysis of TLD-1433 has now achieved the second major milestone for the Company to complete its submission of a CTA application to Health Canada for NMIBC.

Key components required to submit a CTA to Health Canada for a new drug / device combination include:

1. GMP manufacture including CMC information for the drug (Complete);

2. Good Laboratory Practice ("GLP") Toxicology Analysis of the drug (Complete);

3. Completion of the Clinical Protocol and Investigator's Brochure;

4. Completion of detailed information regarding the device used in conjunction with the drug.

Conclusions of the GLP toxicology analysis demonstrate success in both the rat and dog models evaluated. The rat model successfully determined toxicity levels after an intravenous ("IV") injection, while the dog model successfully determined toxicity levels after an intravesical bladder installation followed by Photo Dynamic Therapy ("PDT") laser light activation.

In the rat toxicology study, the No Observed Adverse Events Level ("NOAEL") IV limit was determined to be 1.2 mg/mL (6 mg/kg).

In the dog toxicology study, NOAEL was determined to be 6 mg/ml (30 mg/kg) for dog bladder infusion. Within 24 hours after instillation, the maximum level of TLD-1433 detected in blood was 0.03 ug/mL. This value is 200,000 times less than the instilled dose, indicating an ultra-low level of seepage into the blood stream supporting an extremely high safety margin. 7 days after infusion, the maximum level of TLD-1433 detected in blood was 0.002 ug/mL. This value is 3 million times less than the instilled dose, indicating a barely detectable level of TLD-1433 in the blood stream. This supports the conclusion that an infusion of 6 mg/ml of TLD-1433 (high human dose) into the bladder will be almost completely removed from the blood stream within 7 days. Thus the patient may be light sensitive for up to 7 days, which is significantly less than 30 to 90 days for Photofrin (R).

In summary, the maximum detected dose in the blood stream within 24 hours after Beagle bladder infusion is 40,000 times lower than the IV NOAEL and 600,000 lower in 7 days, making bladder infusion an extremely safe route of administration for patients presenting with NMIBC.

Roger Dumoulin-White, President and CEO, Theralase stated that, "Theralase is executing on its strategic initiative to advance our anti-cancer technology to commence destroying NMIBC this year. Theralase has now completed the second major milestone of the CTA application and is well on its way to completing all the remaining steps of the CTA application in 3Q2015 in order to allow commencement of a Phase Ib clinical study in late 4Q2015."

About Theralase Technologies Inc.

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