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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 Jun 13, 2023 1:02pm
277 Views
Post# 35494050

FDA Breakthrough application is still alive

FDA Breakthrough application is still aliveConsidering:

- that BCG-unresponsive patients with high-grade CIS are clearly at risk and are left with little options other than cystectomy that will impact their quality of life, on top of having a risky 6-7 hours surgery that can be life-threatening,
- and considering that other biotechs/pharmas have been granted FDA Breakthrough designation,
- and that TLT management mentioned that they were working with biostatistician and regulatory body for Breakthrough Therapy application
- and that Research Capital Dr. Uddin also mentioned about imminent FDA Breakthough application
- and that Breakthough application would accelerate the review of our data for potentially AA program
- and that Accelerated Approval would allow TLT to claim revenues much earlier
- and that the ImmunityBio delay regarding its manufacturing issues raised by the FDA is an amazing opportunity for TLT to favor the fastest path to commercialization and to shift competition

I doubt that TLT will skip the application of Breakthrough Therapy. 


Dec. 2019 - ImmunityBio Granted FDA Breakthrough Therapy Designation for N-803 IL-15 Superagonist in Non-Muscle Invasive Bladder Cancer - ImmunityBio
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