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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, radiation, sound and/or drug-activated small molecule compounds, their associated drug formulations and the light systems that activate them, with a primary objective of efficacy and a secondary objective of safety in the destruction of various cancers, bacteria and viruses. It operates through two divisions: the Drug Division and the Device Division. The Drug Division is responsible for the research and development of light-activated small molecules primarily for the treatment of cancer with assistance from the Device Division to develop medical lasers to activate them. The Device Division is responsible for the Company’s medical laser business, which research, develops, manufactures and distributes cool laser therapy (CLT) systems to healthcare practitioners, predominantly for the healing of pain.


TSXV:TLT - Post by User

Comment by wildbird1on Oct 29, 2023 8:13am
285 Views
Post# 35706149

RE:RE:the protocol change notice from Health Canada

RE:RE:the protocol change notice from Health Canada
Legit62 wrote: My thought on this is that this shouldnt affect our BTD or AA timing, since we already have the patients needed for that and they were just going to resubmit another pre BTD approval, Correct??? Im still optimistic for late 4TH q 23 or 1ST q 24 with possible JV news soon after that


Legit62...You are correct this new protocol will not affect the pre-BTD & BTD application.

For now this new protocol has only been approved for Canadian patients. In order for this new protocol to apply to US patients TLT would have to first receive a letter of approval from the FDA Institutional Review Board(IRB) (Google it).

For now the pre-BTD & BTD application follow its normal course.

Note:
In the Oct 16,2023 Pressrelease R.Dumoulin(TLT CEO) said " Theralase is investigating potential partnership for commercialization financing and distribution of this ACT technology on an international basis."
It is the first time that TLT is using a word(investigating) that indicate that Dr Lbiati has seriously started to look for a partner.
Needless to say that the deal will be conditional to the FDA approval of TLT- Ruvidar.




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