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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 Pandoraon Nov 28, 2021 4:40pm
480 Views
Post# 34173990

RE:FYI

RE:FYI
Info only - picked up off another board:

- breakthrough therapy designation is requested by the drug company. If a sponsor has not yet requested breakthrough therapy designation, FDA may suggest that the sponsor consider submitting a request if (1) after reviewing submitted data and information the agency thinks the drug development program MAY meet the criteria for breakthrough therapy designation and (2) the remaining drug development program can benefit from a BT designation.

ideally, a breakthrough therapy designation request should be received by FDA no later than the end of phase 2 meetings if any of the features of the designation are to be obtained. Because the primary intent of breakthrough therapy designation is to develop evidence needed to support approval as efficiently as possible, FDA does not anticipate that breakthrough therapy designation request will be made after the submission of an original BOA. FDA will respond to breakthrough therapy designation request within 60 days of receipt of the request.

And once a drug is designated as a breakthrough therapy, investigational drugs receive intensive FDA guidance on an efficient drug development program, and organizational commitment to expedite the FDA development and review, and potential eligibility, based on supporting clinical data.
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