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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

Comment by Pandoraon Dec 08, 2020 10:32am
166 Views
Post# 32057366

RE:RE:RE:RE:RE:US economic recovery

RE:RE:RE:RE:RE:US economic recoveryI still think they are lacking a good approved dependable therapeutic for all those hospitalizations that are occurring by the thousands. An excerpt:

"The first two are the Pfizer and Moderna vaccines while the third expected EUA is from CytoDyn Inc. (OTCMKTS: CYDY).  This is a repurposed monoclonal antibody that is the only remaining phase 3 drug candidate with a mortality benefit that has not had to resize its study after meeting an interim checkpoint.  This drug has a stellar safety profile with over a thousand patients and no SAE’s related to the drug.  It is an anomaly because leronlimab showed it actually reduced the side effects over placebo by as much as 60% in a phase 2 mild to moderate study.  Now that’s a safe drug!  The company is hosting an investor update on Thursday December 10, 2020 and may be close to finishing its trial. "

"CYDY on the other hand seems to have a lot more going for it.  First off, it’s a better drug than CD24Fc with respect to GvHD based on its theoretical MOA in COVID-19.  The cytokine storm is quieted down in 3 days in ALL COVID-19 patients that take leronlimab. This is an impressive feat but beyond that leronlimab seems on track to meet its mortality endpoint.  Many investors are expecting the severe to critical clinical trial to be completed in the next couple of weeks."


tdon1229 wrote:
Eoganacht wrote: I very much hope you're right.
enriquesuave wrote:

The vaccines should do the job.  As soon as hospitalizations drop even slightly, we should see trial sites moving forward and fast hopefully.  Next week in the US and End of December-January in Canada.  IMO 

 

Eoganacht wrote: In my opinion it's cheerful gobbledegook. The pandemic is currently at it's height. When will the United States economy recover from the COVID-19 pandemic? Certainly not in 1Q21. Maybe 2Q21 or 3Q21? Theralase keep talking about launching US sites in 4Q20 and 1Q21, subject to impossible conditions.
 

 

Kingpin68 wrote: So, does anyone know what this really means, launching US sites pending economic recovery. Is it job numbers, stock market, Covid cases. What's the criteria ? Seems vague. Why should any of that stop US sites if the hospitals have capacity to do it.

 

At present US COVID ICUs are filling with patients rather rapidly.  Then, too, no decision will be given on Pfizer's proposed vaccine until Thursday, December 10.  Because it requires storage at -94 deg F, there is expected to be a lag of at least a week in deploying the vaccine while the logistics and the handling are sorted out (McKesson is contracted for the rollout).  

Moderna's vaccine could be approved a week or so later, and the cooling requirements are easier to accomplish.  Training and administration of this vaccine may proceed a bit quicker, but it, too, requires two doses, though just three weeks apart.

In the US it is expected that the available 40 million doses of each of these two vaccines will be furnished first of all to health care workers, and then to those living in nursing homes/assisted living facilities, followed by high risk individuals.  Individual states will make their own determinations of who gets priority.  

Since two doses are to be administered some four/three weeks apart, a total of 40 million people could be vaccinated within six to ten weeks of this week's expected FDA approval of the Pfizer vaccine.  Note, too, that up to now we have only Pfizer's and Moderna's opinions regarding the efficacy and effectiveness of their vaccines.  

The documented side effects of these first two vaccines include local and general aches and pains, as well as hangover-like symptoms.  There may be some who won't follow through and get the second dose. The antibodies take about a week to develop after each dose of vaccine.  

Just from these basics it appears it will be the latter part of January before the earliest of those vaccinated will have developed the durable antibodies from the two doses, and perhaps another month for the rest of the first 40 million (that's @ 10 million vaccinated each week).

Thus, IMNSHO, I don't expect any US Theralase trial sites to be launched in 4Q20.  Hospitalizations among the rest of the public at large in the US likely will continue into 2Q21, even as additional vaccines and additional doses of the initial vaccines become available.  The high level of hospitalizations is likely to continue while all or most of the 40 million have been vaccinated and have developed the antibodies, so it could be March or April before hospitalizations decline significantly.

The current projection is for sufficient availability of vaccines by June 2021, such that anyone in the US who wants one should be able to get a vaccination.  Therefore, my guess for Theralase trial sites in the US is no sooner than 2Q21, and likely later in 2Q21 rather than sooner.  

Eoganacht, you can hope for sooner, but hope is not a plan.

Murphy's Law -- Whatever can go wrong, will go wrong.

And always remember that Murphy was an optimist.




 


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