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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 enriquesuaveon Jan 25, 2024 4:01pm
237 Views
Post# 35845798

RE:RE:RE:RE:RE:RE:CG Oncology phase 3 results impossible for TLT to beat?

RE:RE:RE:RE:RE:RE:CG Oncology phase 3 results impossible for TLT to beat?

Incredible how CG is IPO'd at a Market Cap of $1.5 Billion US when they are at the same stage of trial as us.  Their Data is excellent and will be competition.  However it is a very treatment intensive solution.  With up to 15-21treatments in the 1st year plus 6 treatments in the 2nd year.So 27 treatments in 2 years.  Is still see this as a tie.  Although they have better initial results so far ( we don't yet know the 12, 15 and 18 months data), the treatment has more restrictions for use and is more demanding for older patients given the numerous treatments involved.  We have way less treatments for a very significant durable CR rate.  With a possible 3rd treatment of Ruvidar, we could be very close in CR rates IMO as time will tell.  At $1.5 Billion US MC, if we were given the same valuation, we would be at $6 per share Canadian.  We should definitely be at least $3 in comparison IMHO.  One day I hope we are due for a serious reevaluation of our SP. CG has a partnership with Merck which probably helps.  When our time comes, hopefully sooner than later we should also get proper valuation.


livermore2 wrote:

Thanks for clarifying that. Well looks like they have a hot IPO today which will be valued over 1B on the Nasdaq.https://www.morningstar.com/news/marketwatch/20240125223/cg-oncology-ipo-prices-above-range-and-boosts-share-count-in-bullish-move-ahead-of-trading


 

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