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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 fredgoodwinsonon Nov 24, 2021 12:37pm
668 Views
Post# 34161973

RE:RE:RE:Hemerion Planning Phase 2 Trial at Mt. Sinai NY in 2022

RE:RE:RE:Hemerion Planning Phase 2 Trial at Mt. Sinai NY in 2022Thanks Eog - to you and GoJo.

Orphan status makes sense in relation to the high cost of developing effective treatments for relatively low volume but nonetheless devastating diseases.It sensibly encourages research by Companies who in the event of success can expect to be not only compensated but fairly rewarded but it is a question of degree.

Is 10 years` really a reasonable timescale during which to exclude other possibly superior photosensitisers from being used in the same indication irrespective of how much more effective they might prove to be? Is it realistic that having given such explicit incentive they are likely to leave themselves open to the legal consequences of over-ruling it?

Perhaps my expectations for the future behaviour of this particular insitution have been jaundiced by their most recent use of medicine as a political football but it will be interesting to see how this may play out. 

 
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