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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 Mikee3003on Jul 11, 2024 5:56pm
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Post# 36129246

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...Yes Infinity they do have an impressive list of patents however I will respectfully disagree that they can be monitized through a financial institution. What lenders need are tangible assets not intangible ones that currently have no revenue streams, rights etc.....hopefully one day those patents can be used as be used as collateral on debt financing but just not now. Further to my point TLT is having a rough time raising funds, do you really think that if they could just pitch their case to a financial institution they wouldn't have already done that? Cmon..........
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