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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 tdon1229on Mar 11, 2020 12:25am
151 Views
Post# 30791683

RE:So much speculation

RE:So much speculationStill much to be proven to the satisfaction of regulatory agencies ... one or two successes have no statistical significance when you're in a trial of 100 patients ... in this case you need sucessful results from upwards of 17-20 according to the FDA's QA sampling tables ... as the company indicated in the last NR, they're looking towards interim at the range of 20-25 results.

Since the company is not doing the trial with their own people, they've contracted it out to the sites ... in this case although the company is paying for the trial, it does not own the results until much later ... in the meantime only the principal investigator can determine what information gets released, when it gets released, and to whom it gets released ... the company might be able to release some basic intermediate information regarding numbers enrolled and treated, but release of results is, first and foremost, at the discretion of the principal investigator under the rules set up by the regulatory agency.

The principal investigator is responsible for coordinating and aggregating all the results from all the sites and presenting it to the regulators for review ... until the data and results have been reviewed and approved as successful, there's no guarantee the trial will be a success, regardless of how much one wants to believe in the science and hopes for its efficacy. 

The rules in place for these trials are also meant to suppress pump and dump stock manipulation based on preliminary and minimal data releases.
Bullboard Posts