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Claritas Pharmaceuticals Inc 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.


GREY:CLAZF - Post by User

Claritas Pharmaceuticals Inc > and what happened now
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Comment by whisky11on Apr 05, 2021 10:08pm
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Post# 32939619

RE:and what happened now

RE:and what happened now=mavericks2020]eom

whisky11: the price for license to develop and commercialize R-107 went up.
Usually it's because Kaly got into agreement I, don't know what kind is it money or Government contract ,anyways look like the sign of success.
Kaly got to pay more  money to Salzman group only when they achieve profit  or another stage of production, they call it a marker.
Original agreement between Kaly and  Salzman group it's on the company website I think in investors information.




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