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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 2b7f6fabon May 03, 2018 2:36pm
122 Views
Post# 27978320

RE:RE:RE:4+ months on $250K cash

RE:RE:RE:4+ months on $250K cashbencro, maybe the therapeutic laser division contributed profits in years past. For last year it consumed $3 million. Maybe the first quarter financials will show the division is breaking even in which case I would agree to keep it.
bencro wrote: 2b7f6fab ... Good observation about the tax credit.  

As for the therapaeutic division, I differ of view.  Because if that was true, and that TLT would have had no TLC-2000 division, and would have been only focused on oncology R&D since 2010 for example, we would have accumulated a huge debt, just like many other pure R&D biotechs.  By the way, The TLC-2000 had a profit margins of 65%+ and the laser expertise we have also helps on the oncology side.  With the CLT innovation, this will be even more appropriate to have this homemade expertise.


Bullboard Posts