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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 26, 2024 4:45pm
150 Views
Post# 35847882

RE:RE:RE:RE:RE:CG Oncology IPO Today

RE:RE:RE:RE:RE:CG Oncology IPO Today

I think they are giving another induction phase of 6 treatments for initial nonresponders, so over all more treatments?   Not sure, but that could be the reason  


Eoganacht wrote: CG Oncology completed a 67 patient phase 2 trial of CG0070 for high-risk BCG-unresponsive NMIBC in 2018 and the results were not nearly as impressive as the current phase 3 trial:

  6 months:   44% CR
12 months:   30% CR
18 months:   21% CR


https://cgoncology.com/wp-content/uploads/2022/12/2018_suo_bond-002_abstract.pdf

I wonder why the results of the current trial are so much better?


DJDawg wrote: CG shows what a slick operation from day 1 can achieve.
- Massive number of recruitment sites
- Big venture capital from day one with multiple rounds of cash raises

For the drug by itself they have data up to 9months only. They report that they won't be reporting full data till end of 2024. If they apply for FDA approval they will likely have to wait around 9 m since it is a biologic agent. So thier data doesn't count as competition in any FDA application till mid 2025.

It is depressing that they are so slick and have so much money so easily. Wish TLT had those skills. Not depressing in terms of outcomes as 9 m of data only so far for the single agent.

I would note that immunity bio had the same challenges. They had poor data on the drug by itself but better when combined with BCG. However, from the last that I can see they have the issue of losing CR's over time. When they had their FDA application rejected in 2023 it was due manufacturing concerns (huge issue that comes up with biologic applications) and they were asked for more long term follow up data. The latter issue makes me hope that the FDA is wanting more data on what happens when stop the constant instillations.

For BTD application, TLT only needs to reference existing options so they still beat all existing options. I hope that somehow the very disappointing data on Adstiladrin (once you get past a year the CR's fall off quite quickly) will make the FDA require more data on what happens when you stop the intensive instillations. Ruvidar is the only drug that I know that has data showing these results 9 m after any treatment given.

Still a bit frustrating that TLT has such good science and cannot raise much cash over and over again.



 

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