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Therma Bright Inc V.THRM

Alternate Symbol(s):  TBRIF

Therma Bright Inc. is a Canada-based company, which is a developer and partner in a range of diagnostic and medical device technologies. It focuses on providing consumers and medical professionals with solutions that address medical and healthcare challenges. It is involved in developing, acquiring, manufacturing, and marketing proprietary healthcare and medical devices for the consumer and institutional marketplace. Its product offerings include Covid-19 diagnostic test product line, such as AcuVid COVID-19 Rapid Antigen Saliva Test and AcuVid COVID-19 Rapid Antibody Test; Sores & Bite Inflammation Therapy product line, such as InterceptCS Cold Sore Prevention System and TherOZap, and Muscle Pain & Blood Circulation Health Therapy product line, such as Venowave, which is a circulation booster designed to improve circulation in the lower extremities. Its products include Benepod, Inretio, AI4LYF, Invixa and Instatin, and others.


TSXV:THRM - Post by User

Comment by Moemoney42on May 20, 2022 11:18am
113 Views
Post# 34698381

RE:RE:RE:Sona out!

RE:RE:RE:Sona out!Oh really... so you only want to acknowlege the postive.. QUOTE from Sona's PR..
"Our novel COVID-19 saliva test produced strong results with contagious patients when administered by professionals, but due to a combination of deteriorating market dynamics and an FDA preference for over-the-counter testing options, the company will not be continuing with this program."
deteriorating market dynamics spells trouble going forward.. 
Also I'd like to point out when your resident pumper kept bringing up the law suit, I said it would be a nothing burger... well.. guess what.. so much for his "expertise" eh.. LOL..
"The company is also pleased to announce that the class-action suit filed in the United States has been dismissed, with prejudice, and the deadline for filing an appeal has passed with no appeal filed."
Smokey1958 wrote:

Sorry, that should read " .....three most important statements.... Actually all the statements from the SONA NR were positive as it applies to the FDA EUA application for AcuVid.

GLE!!!

 

Smokey1958 wrote:

 

Thanks, Freedom! These are the two most important points that makes this announcement on SONA so positive for Therma Bright and their AcuVid.

SNANF said the test worked well with contagious subjects but not as well with subjects whose viral load was low.

The AcuVid device exceeds the minimum requirements set out by the FDA


Our novel COVID-19 saliva test produced strong results with contagious patients when administered by professionals, but due to a combination of deteriorating market dynamics and an FDA preference for over-the-counter testing options

The ultimate goal for AcuVid is to be an over the counter option as the additional testing requested by the FDA was done by non-professionals.

....from clinical trials.gov

To establish the performance characteristics of the AcuVid COVID-19 Rapid Antigen Saliva Test in a point-of-care (POC) CLIA Waived setting with lay users (no laboratory experience) testing a participant that has self-collected a saliva specimen.

....and the most important difference!

The termination came after Sona's analysis of data from two clinical studies and consultations with the U.S. Food and Drug Administration (FDA).

Rob Fia and the Therma Bright team have been in constant conversations with the FDA throughout their application process ....and Rob has given every indication AcuVid is going to be approved. Clearly they would have pulled the plug long ago if there was any suggestion an FDA EUA wasn't likely.

There is NOTHING but positive news to be gleaned as to the impact of the SONA release on AcuVid!

GLTE ...holding patiently!!!

 


 

 





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