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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 ScienceFirston Apr 21, 2023 11:30am
179 Views
Post# 35407317

5y chart: Since Nov. 2020, lows are higher

5y chart: Since Nov. 2020, lows are higher

For what's it worth, and technical analysis aside, one think is visually strinking when looking at the 5y chart;  lows are always higher since the low of Nov. 2, 2020.

Nov. 2, 2020 ... 0.125$
Nov. 1. 2021 ... 0.185$
April 10, 2023 ... 0.245$

And 2 of the 3 highs are higher:

Feb. 15, 2021 ... 0.315$
March 14, 2022 ... 0.47$
Jan. 16, 2023 ... 0.39$

The Feb. 15, 2021 (0.315$) and March 14, 2022 (0.47$) would point to 0.75$ when extrapolating them.  That could prove a real possibility if the upcoming data brings positive visibility.  We'll see in few weeks if that's really what the chart were telling us.  For sure, there's a resistance @0.40$ though.

But all this points to a.new reality;  a new level of maturity for the company, as we evolve toward commercialization (50% into a pivotal phase 2, booth at AUA, applying for FDA Breakthrough Therapy, 2023-2024 discussions with big pharmas, etc ...).



 

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