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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

Post by Eoganachton Feb 23, 2021 3:27pm
150 Views
Post# 32639049

Repost: 2014 Estimate of Revenue from TLT NMIBC treatment

Repost: 2014 Estimate of Revenue from TLT NMIBC treatmentRoger Dumoulin-White wrote in the April 2014 Cantech Letter:
 
"Annual sales would ramp immediately after commercialization, but assuming a treatment cost of $50,000 per patient with 1000 patients treated annually at each of 50 facilities, gross revenue from the procedures would total $2.5-billion. If Theralase was paid 50% of the gross revenue for the PDC and the laser system used to activate it, the Company’s gross revenues after a two to three year ramp could potentially be $1.25-billion per year."
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