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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 langostaon Oct 28, 2022 2:01pm
335 Views
Post# 35056437

The Penalty Box Guys.

The Penalty Box Guys.

These penalties are in the Billions. If the penalty is less than the profits incurred by breaking the rules (Law), Then who cares.  Wellness takes a back seat.
It's the company that is fined, senior execs get a bonus. 


Violation Tracker Industry Summary Page

Industry: pharmaceuticals
Penalty Total since 2000$94,344,937,209
Number of Records: 1,032
Note: The totals include only those entries matched to a parent company. The industry designation is the primary one for the parent's operations overall. The totals are adjusted to account for the fact that each parent's entries may include both agency records and settlement announcements for the same case; or else a penalty covering multiple locations may be listed in the individual records for each of the facilities. They are also adjusted to reflect cases in which federal and state or local agencies cooperated and issued separate announcements of the outcome. Duplicate or overlapping penalty amounts are marked with an asterisk in the individual records list below.
TOP 10 CURRENT PARENT COMPANIES TOTAL PENALTY $ NUMBER OF RECORDS
Johnson & Johnson $14,944,974,699 70
Merck $10,467,155,581 80
Pfizer $10,268,633,525 91
Purdue Pharma $9,262,372,787 10
GlaxoSmithKline $8,739,033,406 39
Teva Pharmaceutical Industries $8,048,387,278 70
AbbVie $5,870,489,112 50
Takeda Pharmaceutical $3,733,566,447 25
Eli Lilly $2,831,299,676 26
Endo International $2,747,090,667 27

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