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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 DJDawgon Aug 19, 2021 10:37pm
261 Views
Post# 33738144

CEO exit

CEO exit
This thread got me thinking about how much manpower one needs to run a trial like this.

It seems like the individual sites and site leads would do
- patient id and recruitement
- consent
- the procedure itself (0 and 6m) which likely means that a study drug sample is delivered when needed
- follow up ordering of urine cytology and doing the cystoscopy

So, in real time, the company staff would need to
- make the study drug and ship it out as needed (Arkady Mandel and some staff would do this I guess)
- send a laser to the study site (I'm assuming they ship one and keep there)
- send a tech to make sure laser kept up to speed.
- integrate data as it comes back from each site
- make the quarterly newsletter :)
- communicate with regulatory bodies with updates from time to time
- payroll management etc
- labwork on the next research such as GBM treatment.

I guess if we believe in the study drug data to date and that the "optimized" treatment part is fixed, the CEO part is not as crtical in the near-term. Who knows, the CEO could have health issues, family issues, etc. Lots of reasons that may not reflect anything about the company.
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