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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 99942Apophison Jun 20, 2023 9:09am
180 Views
Post# 35504854

RE:Drug cost a key factor to oncologists

RE:Drug cost a key factor to oncologists
ScienceFirst wrote:

Another thing in our favor. Our only 2-doses treatment should give us enough of room to displace competition on the price aspect.

Gene therapy like Ferring's recently approved Adstiladrin will be harder to sell because it price tag will be high.

 

US oncologists see cost as biggest barrier to new cancer drug uptake, with cell, gene therapy expertise lagging: survey

https://www.fiercepharma.com/marketing/us-oncologists-see-cost-biggest-barrier-new-cancer-drug-uptake-cell-gene-therapy
 

Oncologists in the U.S. see pricing as the largest hurdle for patients when it comes to accessing new cancer therapies, while many are also struggling to keep up with the pace of new cell and gene therapies.

That’s according to a new survey out this month from healthcare research firm Sermo, which surveyed more than 300 oncologists.


Great post ScienceFirst.  Insurance companies will absolutely play a major role in Theralase's treatment as well as doctors pushing the direction of patients toward the less expensive and better performer in the fight against NMIBC. With more awareness of this treatment spreading through the medical community the larger the revenue stream for TLT and less cost to both Hospitals & Insurance companies. Hospitals will have more available bed space as patients are able to go home rather than be under their care, notably a stress reliever for doctors & nurses. 
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