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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 riverrrowon Oct 18, 2023 10:42am
333 Views
Post# 35688945

Why the news release and why now?

Why the news release and why now?For the past couple of days I've been wondering why TLT released a study update now rather than in late November as expected.  I've decided to believe the news release is signalling a material event.  The material event is that the 12 underdosed patients will be included in the total evaluable patients.  My guess is that this is under the direction of the FDA as part of the pre BTD submission consultations.  The CR of the 32 optimized patients that have reached 450 days is 34%.  The CR of the total treated patients including underdosed patients (42 patients in total)  at day 450 is 33%.  Not a significant difference.  What is significant is the statistical level of confidence.  Obviously one can be a lot more confident of a CR result in 42 patients than a CR in 32 patients.  I believe this news release is under the direction of FDA guidance in the pre submission discussions and the BTD submission should occur in the near future.  GLTA.
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