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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 ScienceFirston Aug 28, 2023 2:27pm
241 Views
Post# 35608503

RE:RE:U of Alberta & Drs. Lilge & McFarland Paper Now Available

RE:RE:U of Alberta & Drs. Lilge & McFarland Paper Now Available

My bet is that a bigger pharma than Astellas could suit us much better.  Royalties would be much higher in terms of revenues with a pharma that has a larger urology network.   My guts feeling is Roche, the top 3 largest big pharmas, as they are also present in our 3 fields of expertise; urology, neurology and pulmonary.  This could prove to be attractive to them if they decide to make a move on PDT/PDC.


Nevertheless, Astellas also already have a foot in the uro field with 2 products.

https://www.astellasresources.com/urology-resources
 

They are present in Europe as per this urology Greece page:

https://www.astellas.com/gr/en/innovation/therapeutic-areas/urology


And in 2012, they came up with this first CUA grant:

https://www.astellas.com/ca/system/files/news/2018-09FINAL%20-%20CUA%20Astellas%20ResearchGrant%20winners_1.pdf


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RE:U of Alberta & Drs. Lilge & McFarland Paper Now Available
As of June 2023 Astellas Pharma has $4.16 Billion Cash on Hand. For what it's worth. 1433 looks like a very fitting dovetail into their product portfolio. Also seems some combo potential with their existing drug(s) are a very viable option. Who knows. 
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