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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 > Folks nothing has changed
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Comment by JMark80on Jun 15, 2020 4:55pm
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Post# 31153009

RE:Folks nothing has changed

RE:Folks nothing has changedI don't think you'll ever get rid of Penny. 524mm shares to Salzman, for $4.2mm net profit over 3 years from CILI contract. I assume that's NOPAT, maybe NPBT? Doesn't really matter, amount is insignificant anyway. "Potential sales of CILI product to BARDA". This is from todays PR: "The results of the murine study presented above were obtained in 2016 prior to BARDA funding." Why put out a PR with results from 3.5+ years ago? Another $1.2mm if they receive additional BARDA funding for COVID, I assume over 3 years? Recent private placement is up to 333mm shares, plus equal amount of warrants. Talent needs to be paid, PAH license (EU/ROW) is another $5mm in cash or shares by end of year?

At least we can agree about Trump!
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