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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

Comment by PTBaileyon Nov 24, 2021 5:20pm
167 Views
Post# 34163326

RE:Weird, first they blame the TSX for all the BS, now they are

RE:Weird, first they blame the TSX for all the BS, now they are
Dude51 wrote: blaming CMAX for all there338718338718* woes. Man what a bunch shysters, imo.

Claritas is focused on completing the phase 1 study as quickly as possible. Due to the inability of CMAX Clinical Research to provide an assurance that the phase 1 study will be completed during Q1 2022, Claritas has terminated its agreement with CMAX, and has entered into a clinical trial research agreement with Scientia Clinical Research, a state-of-the-art clinical trials facility with a focus on first-in-human and first-in-patient clinical studies located in Sydney, Australia. Scientia possesses world-class clinical trial expertise and conducts a wide range of clinical trials, with a focus on early stage clinical research. Scientia will use best efforts to complete the phase 1 study during Q1 2022.


From what I gather they are both connected. A long approval process at TSX for approal of financies resulted in missing the date for phase 1. If the approval process had taken two weeks instead of two months we would have had the money to pay CMAX.

When we missed the orginal schedule time slot CMAX couldn't fit us in again until April which is whey they went looking somewhere else. Anyone have different info I would like to know.
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