Significant indicators today...Double whammy today and the market reacted...
First, Medicago pulled out of the market for Covid vaccines... Why? Better candidates in the Canadian pipeline...? Maybe preliminary evidence about TLD-1433's effectiveness is discouraging competitors?
But more importantly, we're seeing the real dollar value of Keytruda, which is very possibly far more toxic and less effective than our PDC.
If so, that indicates a very high price tag for TLD-1433, not to mention the upcoming related compounds under patent by Theralase. The real money value is beginning to reveal itself... And with the Canadian government's necessary reaction to the Biden tax cuts, the need to develop Canadian tech and keep talent and investment here...
It's the perfect storm for Theralase.
GLTA real investors...!