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Claritas Pharmaceuticals Inc V.CLAS.H

Alternate Symbol(s):  CLAZF

Healthcare
Claritas Pharmaceuticals, Inc., formerly Kalytera Therapeutics Inc, is a biotechnology company that is focused on developing R-107 for the treatment of vaccine-resistant coronavirus disease (COVID) strains. The Company’s products in development include R-107 for coronavirus disease and Viral Infections, R-107 and Vaccines, and CLA-1816 for treatment of pain. R-107 is designed to defeat COVID viruses on contact. R-107 targets the Achilles heel of COVID, the spike protein on the surface of the virus. R-107 releases nitric oxide, which attaches to a specific amino acid on the spike protein, thereby disabling the spike protein. The CLA-1816 provides effective pain reduction, without the risks of addiction or respiratory suppression that exist with opioid analgesics. CLA-1816 strongly binds with and activates the alpha3 glycine pain receptor in the spine. The Company has leased a laboratory, office, and archival space in Beverly, Massachusetts.


TSXV:CLAS.H - Post by User

Claritas Pharmaceuticals Inc
Bullboard Posts
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Post by Thejew on May 29, 2019 6:41pm
157 Views
Post# 29783238

Undervalued still.

Undervalued still. If some one can point me to another bio with a MC of 20M, that is almost done with great phase 2 results I am all ears. 

Most bios in phase 2 have at least a MC of 50-100M, not to mention incredible interim results which almost guarantee a great full Phase2 read out. Now that we are fully funded for the rest of trial and more, dilution is over I could see Kaly running back to .30s (even with the new share count). That would be around a 150M MC, which is totally reasonable. 

I'm ok with a 500-600% pop (: 
Bullboard Posts
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