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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 aussyspitzon Mar 29, 2022 11:02am
220 Views
Post# 34555393

RE:RE:RE:Anyone know what our "Cash Position" is at "real time"?

RE:RE:RE:Anyone know what our "Cash Position" is at "real time"?Thank you for the information I am happy to hear that they have enough funds to last through 2022 obviously that puts more emphasis on the trial data needing to be stellar. Hopefully management is already in parallel talks with big Pharma now for Joint Venture deals I wish they were sitting on a little more cash as it is always better to be negotiating from a position of financial strength rather than be in a position where they have to rush a deal to keep the lights on. Ideally we get JV cash or a good buyout but I would not rule out another dilution raise completely I would peg the odds of that at 50/50 right now if I am being realistic
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