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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 Aug 13, 2022 10:33pm
200 Views
Post# 34894690

RE:RE:RE:RE:Medicare Drug Price Negotiations in US

RE:RE:RE:RE:Medicare Drug Price Negotiations in USYou are not necessarily wrong but what about other drugs that haven't progressed in the Theralese pipeline or R&D for towards other conditions. This will have far reaching consequences that will likely end up meaning Government controlled/funded research which imho is not a good thing. It could easily devolve into Corruption, Kickbacks, Falsified or poorly run trials, Corporate Nepotism or Favoratism towards huge Pharma while literally spraying weed killer on smaller biotech companies.
I worked for the Government for 35 years and I can tell you without a doubt Governments are far less effecient than private industry this will end up killing real innovative therapies and treatments but it will be a gigantic opportunity for the government to siphon money.
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