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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 Benedictuson Jan 17, 2024 12:01am
222 Views
Post# 35830506

RE:RE:Multiple

RE:RE:Multiple
Kayz88 wrote: Here's what ChatGPT thinks:

Possible Valuation Range:
Assuming an annual revenue of $118 million, and considering the breakthrough status, you might look at a multiple ranging from 10x to even higher, such as 12x-15x or more, depending on the factors mentioned. This would suggest a valuation range of approximately $1.18 billion to $1.77 billion or potentially higher.

Rule of thumb for TLT is $4 = $1 billion market cap. So somewhere between: $4.72 and $7.08 per share. Assuming we received BTD and are able to capture 7% of the market. 

 

Thanks for that. It's actually a logical base case to consider. While 7% of market share seems quite low, I've questioned here, much to the chagrin of the cheerleaders, the possibility that the commercial landscape may not be so welcoming of this protocol and there will still be a post trial "battle" to be fought out. The CR data, while very encouraging, is not living up to the ph1 gold standard potential of curing 2 out of every 3 patients. Ruvidar is hands down better than adstiladrin (based on current data) but other "lease your life" protocols are demonstrating CR data in a far closer range to ruvidar and, far more importantly, generating excitement and winning the FDA and uro-oncologist community popularity contest.  They apparently like the never ending instillation model. And considering where the sp sits currently, a $1B market cap is close to a 25 bagger. 
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