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.

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Claritas Pharmaceuticals Inc > Hmmm

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Comment by s3binatoron Jun 25, 2020 12:41pm

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Post# 31191008

RE:RE:RE:Hmmm

This is whats happening. Why would a succesful private company let a Kal take over. This is an efficient and cheap way for Salzman to go public. The deal is Salzman helping Kaly, with mutual beneficial merger.

Chritters wrote: I kinda wish it was Salzman Taking over Kaly. The Management team in Kaly are terrible.

Random1234 wrote: In my opinion, Company deliberalty did not file the tax, as they were expecting to take over SALZMAN. Filing tax and taking over Salzman is the cause of this halt.

I feel, If this taking over process happens, then there must be RS of 20:1. In my view, before this RS, company should increase the SP upto 10 cents and then do RS to take it to $1. If they do RS first then it will be hard to take to SP up after RS. If Company does this RS first, then they have to take the SP to $2 to make it equivalent to $1 incase of SP raised first to 10cents and then do RS.