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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
Comment by bionicjoeon Apr 03, 2019 12:42pm
77 Views
Post# 29576731

RE:RE:What happened?

RE:RE:What happened?Skier59, one more issue of how they plan on paying for the 100 patient clinical trial and then the sp should settle into what the market deems is fair until more substantial news is announced. I don't think the day traders will wait for the official start of the trial since I believe most of that is already baked in the sp. I can't see them holding through the patient selection process as that could take months. There's always the possibility of a JV but even then TLT would need money to hold up their end of the bargain. It's unlikely another company would solely bankroll an expensive phase 2 trial without having more evidence of efficacy. If TLT were to report good patient results from different testing sites early on in the trial then that might be a different story. Then again it may take at least the 9 month point of the phase 2 trial to convince both the media and the investing public to take the treatment seriously.
Bullboard Posts