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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 2b7f6fabon Jun 06, 2024 4:26pm
202 Views
Post# 36076217

RE:RE:RE:RE:RE:RE:RE:RE:Stock Price

RE:RE:RE:RE:RE:RE:RE:RE:Stock PriceAlamir1111, actually the burn rate for past 12 months was about $400,000/month not $1 million/month.  Roger even mentioned this in his presentation today.  And I thought it very wise of him to contrast the less than $5 million/year that Theralase spends compared to $500 million/year of the competition.  And Theralase exhibits superior results.  So probably only need $3 or $4 million to finish off this bladder cancer trial.
Once the pre-clinical work is complete for GBM and NSCLC let's say 2 or 3 patients each in Ph1.  IV administration of Ruvidar plus radiation treatment should be a much less expensive process than our current bladder cancer treatment process.

Alamir1111 wrote: Last year burn rate was  bit over 1miilin nbsp; a month.expected to finnish trial end 2026.Thats 30 months away yes min. 30 mill$ .Iguess the rest of planned trials might need extra cash



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