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Voyageur Signs Letter of Intent with Large Multinational Pharmaceutical Company (click to learn more)
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Theralase Technologies Inc. V.TLT

Alternate Symbol(s):  TLTFF

Healthcare Medical Devices
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

Theralase Technologies Inc. > June 21 PP
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Comment by CancerSlayeron Jun 13, 2024 4:20pm
196 Views
Post# 36087912

RE:RE:RE:June 21 PP

RE:RE:RE:June 21 PP
xodcode wrote: Given the difficulty with the recent $1 million PP's, it is difficult to imagine how TLT management plan to raise $10 million at .22 unless they already have a commitment, one with strings attached like milestone promises going forward, Kind of a quasi JV commitment!

I remain very optimistic especially with the expanded available markets implied by the recent news releases.


I agree that this significant $ amount suggests there is already a commitment in play.  You may be right, & perhaps this is the smarter play by Pharma to get its foot in the door of a more de-risked partnership/JV (compared to a 100% buyout) with exclusivity rights & incentives/milestone payments attached, which may include the attainment of a BTD.  JMO.

You can strike my prior comments from the record ; )...good luck.

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