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Claritas Pharmaceuticals Inc V.CLAS.H

Alternate Symbol(s):  CLAZF

Healthcare Biotechnology
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 > Possible news release next week ?
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Comment by AngelaLon Feb 05, 2021 7:38pm
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Post# 32491123

RE:Possible news release next week ?

RE:Possible news release next week ? Why unexpected? Kalytera is developing a novel nitric oxide donor with unique properties targeting Covid. It's technology, R-107, was supported by millions of dollars in funding by BARDA. The major market need for an anti-COVID therapy that can take on the ever-increasing number of vaccine-resistant mutants is painfully obvious to practically every citizen on the globe. This is not an unknown disease after all. The world is in lockdown and people are dropping like flies. The nearest comparable company to Kalytera is Novan and they have a market valuation of US$160M. So unexpected that Kalytera is trading up with high volume? I don't think so. 
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