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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. > Smart move by TLT management...
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Comment by CancerSlayeron Jul 11, 2024 1:35pm
144 Views
Post# 36128687

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Smart move by TLT management...

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Smart move by TLT management...

Hoping the monies from the tranche(s) get us to the BTD finish line, at which time debt financing may not be needed, & if it is, the company would be in a healthier/more credible position to secure friendly funding (i.e. more capital, better terms...).  IP-based financing is becoming more commonplace, & considering the company's impressive IP & its cold laser division, I would think such financing should be an accessible go-to or fallback option if/whenever needed.  JMO.
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Dealroom for high-potential pre-IPO opportunities