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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 gebremeskelon May 01, 2023 4:00pm
206 Views
Post# 35423539

RE:Where are we heading

RE:Where are we headingAt the moment it looks like we're headed to 20 cents.

The immediate trend aside, I think we are headed to FDA approval and an sp of $10 to $20. But the timeframe escapes me...Worst case is we have to completely finish the trial before approval. We've treated about half of the patients, To treat 56 more at a rate of 3 a month would bring us to Dec 2024. Another 450 days and all patients would have had their final evaluations and we will be at March 2026. Then we apply and wait for FDA approval.

But the rate of 3 patients per month could speed up if demand for our treatment increased. I wonder how that could be made to happen? Publicity? And then we could get accelerated approval from the FDA. But first Theralase will have to apply for it.

It's also possible the sp will be higher than $20, especially if more clinical trials get started and have promising results.
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