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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 > Today's news is not what halted KLY IMO.
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Comment by Moonshiner592on May 19, 2020 10:51am
154 Views
Post# 31045863

RE:RE:RE:Today's news is not what halted KLY IMO.

RE:RE:RE:Today's news is not what halted KLY IMO.
Gbbuknowme wrote: @moonshiner.........What would make you believe its halted till June and why? Based on the release, nothing in the release would warrant a further halt. This is why I believe additional news regarding the halt is coming. IMO GLTA POP it!


Subject to completion of customary due diligence, the Company expects that definitive agreements will be executed by June 15, 2020. In connection with this announcement, the Company has requested that a trading halt of the Companys common shares be affected in compliance with the requirements of the TSX Venture Exchange
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