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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

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Post by LongTbuffeton Sep 30, 2019 7:13am
175 Views
Post# 30176719

Again, Awesome Results!

Again, Awesome Results!

TORONTO, ON / ACCESSWIRE / September 30, 2019 / Theralase® Technologies Inc. ("Theralase" or the "Company") (TSXV:TLT)(OTCQB:TLTFF), a clinical stage pharmaceutical company dedicated to the research and development of light activated Photo Dynamic Compounds ("PDCs") and their associated drug formulations intended to safely and effectively destroy various cancers is pleased to announce that patient six, enrolled and treated in the Phase Ib Non-Muscle Invasive Bladder Cancer ("NMIBC") Clinical Study ("Study"), has demonstrated no tumour recurrence, progression or presence of NMIBC disease at the 540 day clinical and cystoscopy assessment.

Patient six has demonstrated no tumour recurrence, progression or presence of NMIBC disease at the 90, 180, 270, 360 and now 540 days post treatment clinical cystoscopy assessment and urine cytology, marking a new milestone for the Company.

Shawn Shirazi, Ph.D., Chief Executive Officer - Drug Division, Theralase stated, "I'm excited to share the current cancer-free status of patient 6 which further validates that a single treatment of Theralase's PhotoDynamic Therapy ("PDT") can lead to a duration of Complete Response ("CR") at 540 days post treatment for patients presenting with Bacillus Calmette Gurin ("BCG")-Unresponsive NMIBC. If the Company is able to achieve similar efficacy results in CR rate and duration on an interim analysis - after approximately the first 20 or 25 patients enrolled and treated - we may have the opportunity to meet with the FDA and review the results, with a focus on obtaining accelerated approval for our Anti-Cancer therapy technology."

Theralase has initiated a Phase II NMIBC clinical study ("Study II"), treating the first patient at University Health Network ("UHN") in Toronto. Additionally, McGill University Health Center has finalized their agreement for Study II and has commenced screening and enrolling patients.

Arkady Mandel, M.D., Ph.D., D.Sc., Chief Scientific Officer, Theralase stated, "Patient 5 and 6 achieving CR at 18 months is a significant event for the Company, supporting the fact that Theralase's TLD-1433 therapy can make a significant difference in a patient's quality of life with a single treatment procedure. Moreover, our technology is multi-faceted and able to be adapted to additional cancer indications if successfully validated in independent clinical studies. The Company expects to investigate the commencement of an additional Phase Ib clinical study for a new cancer indication after Study II is well underway."

About the Study:

The Study's purpose was to evaluate TLD-1433, Theralase's lead PDC, for the primary endpoint of safety and tolerability, secondary endpoint of pharmacokinetics (movement and exit of drug within tissue) and exploratory endpoint of efficacy, primarily at 90 days and secondarily at 180 days post treatment. The Study was successfully completed with patient five and six demonstrating achievements of the primary, secondary and exploratory endpoints at 90 and 180 days, when treated with the Therapeutic Dose (0.70 mg/cm2).

About Study II:

The Phase II NMIBC Clinical Study will utilize the Therapeutic Dose (0.70 mg/cm2) of TLD-1433, focusing on the treatment of approximately 100 BCG-Unresponsive NMIBC patients presenting with Carcinoma In-Situ ("CIS") in approximately 20 clinical study sites located in Canada and the US. Study II will have a primary endpoint of efficacy (measured by CR) at any point in time, a secondary endpoint of duration of CR at approximately 360 days post-initial treatment and a tertiary endpoint of safety measured by incidence and severity of adverse events grade 4 or higher that do not resolve within 360 days post-initial treatment .

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