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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 skys1on Apr 04, 2021 4:23pm
196 Views
Post# 32935367

RE:RE:RE:Any company’s management team has a duty to maximize

RE:RE:RE:Any company’s management team has a duty to maximize Apopis, IMO, this new relationship with a major deep pockets, respected  medical research entity such as Li Ka Shing Institute substantially advances the possibility of some type of deal(JV/partnership/byout). Don't think for a second this Institution would be interested in this new relationship with little known Theralase if they wern't seriously impressed in the potential of their Act and/or the virus killing abilities of 1433, or both. It wouldn't surprise me at all if TLT never experienced another need to finance or a PP, when their associate had these financial capibilities, plus as their Research VP stated, "our facilities can accerate our partners path to market"
As to your question of would Theralase ever become a "large international pharmaceutical", my guess is no. If with the help of this Institute, if their Ph 2 trial can attain the CR% we think it can, a Big Pharma member like Merck would be forced to gobble it up before they lose market share to TLT.
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