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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 18, 2015 8:03am
206 Views
Post# 24115005

NEWS 9-18-15

NEWS 9-18-15

TORONTO, ON / ACCESSWIRE / September 18, 2015 /Theralase Technologies Inc. ("Theralase" or the "Company")(TSX Venture: TLT) (TLTFF), a leading biotechnology manufacturer focused on commercializing medical technologies to eliminate pain and destroy cancer, announced today that it has submitted an Investigational Testing Authorization ("ITA") for its anti-cancer technology to Health Canada for approval.

The ITA details information about the proprietary Theralase TLC-3200 Oncology Laser System, which Theralase plans to use to activate the Company's lead Photo Dynamic Compound ("PDC"), TLD-1433, to destroy Non-Muscle Invasive Bladder Cancer ("NMIBC").

To view the image of the Oncology Laser System, please click on the following link: https://www.accesswire.com/uploads/8153_image11.png

Pending approval of the following applications, Theralase plans to commence enrolling patients inflicted with NMIBC into a Phase Ib clinical study at Princess Margaret Cancer Center, University Health Network ("UHN") to prove the primary objective of safety and tolerability, with an exploratory objective of efficacy:

1. Health Canada Clinical Trial Application ("CTA") (Complete);
2. Health Canada ITA (Complete);
3. UHN Research Ethics Board ("REB").

Roger Dumoulin-White, President and CEO, Theralase stated, "The submission of an ITA to Health Canada for NMIBC is yet another advancement for the Company in its quest to prove the safety, tolerability and efficacy of its anti-cancer technology in the destruction of NMIBC. Pending approval of the CTA, ITA and REB, UHN will commence enrolling and treating patients inflicted with this deadly disease."

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