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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 Eoganachton Apr 17, 2023 11:49am
603 Views
Post# 35398508

Accelerated Approval

Accelerated ApprovalAccording to a page on their website the FDA does not set the bar very high for accelerated approval:

"...instead of having to wait to learn if a drug actually extends survival for cancer patients, the FDA may approve a drug based on evidence that the drug shrinks tumors, because tumor shrinkage is considered reasonably likely to predict a real clinical benefit."

TLD1433 pdt does not just shrink tumours - it destroys them and completely eradicates the cancer of NMIBC patients to a greater extent than currently approved treatments. In other words, TLD1433 pdt has not just provided evidence that it is reasonably likely to provide a real clinical benefit, it has provided evidence of a real clinical benefit itself (a durable complete response) in one third of the patients 12 months after their first treatment. And this has happened almost one third of the way through the trial (31 out of 100 patients).

The FDA on clinical benefits:

"A positive therapeutic effect that is clinically meaningful in the context of a given disease is known as “clinical benefit”.

Is there any doubt about whether or not TLD1433 pdt has already achieved this?

                            Keytruda    Adstiladrin    TLD1433 Current   TLD1433 Projected
CR at any time         41%            51%                    60%                       69%
Durable CR              19%            24%                    28%                       38%

https://www.fda.gov/patients/fast-track-breakthrough-therapy-accelerated-approval-priority-review/accelerated-approval


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