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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

Post by consultant99on Aug 30, 2022 3:15pm
347 Views
Post# 34930375

Questions without answers

Questions without answers

Theralase says the FDA defined a complete clinical dataset on approx 20 to 25 patients enrolled, treated and assessed who demonstrate significant safety and efficacy outcomes for BTD.

With 24 patients completed why is the company waiting months for 1 more patient? Regardless of the last scan result 1433 will exceed the Keytruda results at 450 days. 

It looks like 4 patients were treated in the last three months. 

As of May 30th we had a CR of 17 and PR of 8 and at the end of Aug a CR of 19 and PR of 6 for scans at 90 days. There were 4 scans pending May 30th so what happened to those patients; N/R, or no scans done? Trying to understand the results isn't easy when the company continues to change their results tables.

The company has 12 sites in operation although up to 15 were contemplated as part of the trial study. Will they expand to 15? Have all sites treated patients? This trial is taking forever to complete and we are only 35% of the way through treating 120 patients.

The management notes provide no guidance as to the company's capital requirements in 2023. There really is no discussion of the vaccine opportunity outside of the current Covid animal testing. While the company has executed the SRA with UM where does the company see this opportunity going in 2023 and beyond?

I think the company is sitting on some great technology but the stock is at $0.30/share...


 

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