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Claritas Pharmaceuticals Inc V.CLAS.H

Alternate Symbol(s):  CLAZF

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

Post by mavericks2020on Jul 27, 2021 8:25pm
193 Views
Post# 33614645

news

news
Mr. Robert Farrell reports
 
CLARITAS ANNOUNCES GRANT OF STOCK OPTIONS TO DIRECTORS AND OFFICERS
 
Claritas Pharmaceuticals Inc. has granted stock options on July 23, 2021, to the directors and officers of the company. The stock options have an exercise price of 51 cents per common share and expire 10 years from the date of grant. One-third of the options granted vested on July 23, 2021, and the remaining options will vest in 24 equal monthly instalments commencing August, 2021.
 
Stock options to purchase 50,000 common shares of the company were granted to Prof. Salvatore Cuzzocrea, an independent member of the company's board of directors; stock options to purchase 50,000 common shares of the company were granted to Perenlei Enkhbaatar, MD, an independent member of the company's board of directors; stock options to purchase 155,098 common shares of the company were granted to Victoria Rudman, the company's chief financial officer; and stock options to purchase 1,768,792 common shares of the company were granted to Robert Farrell, JD, the company's chairman, president and CEO.
 
About Claritas Pharmaceuticals Inc.
 
Claritas Pharmaceuticals is a clinical-stage biopharmaceutical company focused on developing and commercializing therapies for patients with significant unmet medical needs. Claritas focuses on areas of unmet medical need, and leverages its expertise to find solutions that will improve health outcomes and dramatically improve people's lives.
 
We seek Safe Harbor.
 
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