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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 CancerSlayeron Feb 23, 2023 7:48pm
174 Views
Post# 35302346

RE:RE:RE:RE:RE:RE:RE:"impressive, paradigm shifting, photodynamic therapy"

RE:RE:RE:RE:RE:RE:RE:"impressive, paradigm shifting, photodynamic therapy"

CancerSlayer wrote:

Donein25 wrote: Lets keep in mind AA criteria have changed recently. Now most all applicants must show that they have confirmatory trial in place, and in some instances even patinet enrollment. My mind keeps coming back to these new 9 sites. What is their purpose? Perhaps this senario: BTD for 25 patients at 450 in coming weeks/months; AA by end of year after submission of additional 450 data, (say an additional 20-25 patients); then use 9 additional sites to help complete total enrollment by end of 2023. Our completion of the trial with 450 day serveliance can then serve as our confirmatory obligation to satisfy full FDA approval late 2024 or early 2025.

 

The timeframe to a traditional approval shouldn't change significantly, whether it comes via an AA that is later converted to a traditional approval (that is...post obtaining successful confirmatory data from the remaining 50+ patients) or comes via a more complete Ph 2 study (I.e. after a total of 100+ patients treated).  The advantage provided by the AA comes in the form of both earlier treatment recognition & commercialization...two big advantages that we hopefully can take advantage of in order to maximize value prior to finalizing any jv arrangement.

Dr. Mandel's comments in the recent interview for BioTuesdays..."expects to commence partnering talks with large pharmaceutical companies in 2023 / 2024 to commercialize the technology for BCG-unresponsive NMIBC CIS."

The above suggests to me either an anticipated jv pre-AA & post-BTD or he is anticipating strong potential for an early AA pre jv.  JMHO.


 

An interesting article published in Regulatory Focus (8/10/2022) reported that 50% of AAs converted to traditional approvals, & the conversion rate has increased significantly in the past decade....30.5% of AAs over the last decade converted to traditional approvals at a median of 2.3 years, which compares quite favorably to a median of 3.2 years over the entire timeframe studied (1992 to 2021).  

Bottom line (from a clinical standpoint)....the AA pathway has provided countless patients with an opportunity to beat death or undergo a much worse alternative when no other reasonable therapy existed.

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