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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, radiation, sound and/or drug-activated small molecule compounds, their associated drug formulations and the light systems that activate them, with a primary objective of efficacy and a secondary objective of safety in the destruction of various cancers, bacteria and viruses. It operates through two divisions: the Drug Division and the Device Division. The Drug Division is responsible for the research and development of light-activated small molecules primarily for the treatment of cancer with assistance from the Device Division to develop medical lasers to activate them. The Device Division is responsible for the Company’s medical laser business, which research, develops, manufactures and distributes cool laser therapy (CLT) systems to healthcare practitioners, predominantly for the healing of pain.


TSXV:TLT - Post by User

Comment by 2b7f6fabon Jul 29, 2024 10:54am
185 Views
Post# 36152605

RE:RE:Market cap 37 million hahahah

RE:RE:Market cap 37 million hahahahThis morning CGON has an enterprise value of $1.6 billion USD.  That's 40x TLT.v valuation.  I think TLT has better technology that can be utilized for many cancer indications.  Once FDA grants BTD that difference in valuation will gradually or suddenly disappear.

reconsider wrote: FUSN had a market cap of 200M 6 months before AstraZeneca announced its aquisition for $2.4B.
If Theralase's Rutherrin is real, we won't be trying to cut a deal with just one company. No pharma will be thinking of letting us drown while scaling up. Before that, another pharma would snatch us.
Q3 and the clock is ticking.



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