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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 Eoganachton Jun 30, 2023 7:14pm
190 Views
Post# 35523177

RE:RE:RE:hot off the press.

RE:RE:RE:hot off the press. For what it's worth, Theralase completed it's GLP toxicology study of TLD1433 in September 2015 and commenced it's phase 1b NMIBC trial 15 months later.

99942Apophis wrote:
Eoganacht wrote: Nice to see the GLP toxicology study moving onto the front burner. The sooner they start a phase 1b for gbm or nsclc the better.

The Company intends to use the proceeds of the Offering for the following:
 
Good Laboratory Practice ("GLP") toxicology study for intravenous installation of Rutherrin® intended for the treatment of Non-Small Lung Cancer ("NSCLC") and Glio Blastoma Multiforme ("GBM")......................................................................................

Exactly Eoganacht, this NR says a lot, which in my opinion is we know a thumbs up will be given by both FDA & HC for BTD. As you say NSCLC and GBM have been moved to the front burner because of the initiation of GLP.  Judging length of time for that would be completed and ready for their next steps which could be roughly when either big pharma money starts flowing or as said SP has risen well beyond the $1 mark for another small financial raise. 
Unfortunate news for those that sold off shares to sit on cash waiting for announcement of a PP, guess they will have to pay the price to get their shares back. 
Yes sir this company has a very attractive future. 


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