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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 CancerSlayeron Dec 01, 2022 10:47pm
326 Views
Post# 35145249

Bottom Line….

Bottom Line….

During any drug approval process, the FDA clearly differentiates single-agent vs combo therapies for any indication.  It is well understood that single agents when used in combo generally improve efficacy overall.  Right now, the FDA is interested in how we stack up against Keytruda & other "single" agents with regards to approval or not.   And the CMS (Centers for Medicare & Medicaid Services in the US) & the FDA don't always see eye to eye.  Just because the FDA medically approves a drug doesn't necessarily mean it gets approved for coverage by CMS.  Due to high new drug costs, coverage can get restricted to only those entered in clinical trials.  The harsh reality is that too many patients will go untreated, undertreated, or go broke while under treatment.  The recently approved drug for Alzheimer's (Aduhelm) is a perfect example of the end-all powers of CMS.  

CMS will have the final say, & it is they who often dictate a new drug's ultimate commercial success.  I sense the FDA has been under increasingly more pressure to prioritize increased availability of more treatment options (particularly for unmet conditions), & I don't doubt the economic impact of a new drug has subtly worked its way into the approval-decision equation.   In the end, there is only one reality when predicting the potential for a new drug's durable commercial success...it has to simply take into account both its clinical & economic value.  

I'd say we are well positioned to be the next best single-agent option, not to mention its huge potential as a combo drug or add-on.  There are very few limits with this ACT considering our tech's potential across multiple indications & the promising potential of our other patent-protected organometallics (i.e. using Ruthenium, Osmium, etc.).  I sleep much better these days...

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