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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

Post by Bigkahuna57on Aug 13, 2024 8:17pm
678 Views
Post# 36177682

Joy, Share Price & Revenue

Joy, Share Price & Revenue@Gonefishing, if my memory serves correctly (please someone do correct me if I recall this incorrectly) once we attain Accelerated Approval status then we may begin to charge for the procedure.  If that's true and revenue begins to flow before full FDA approval, then the share price moves.  I think if/when we receive AA the BigPharma bids will get serious.

However, I still think RDM will not sell 100% of the company to include all indications and patents. I think the plan is to license by indication to get the most value for as many pieces as the company can negotiate. That's what I would try first.  BigPharma may dictate an all-or-none condition.  I'd say no, b/c if we sell to BigPharma then they would license by indication and we wouldn't benefit on future success.  An all-or-none with cash buyout and stock would permit shareholders (RDM/KH et al) to participate in any future success from the suitor. It also permits any shareholder to execute a sale at their choosing.

I can only imagine the joy a patient and their Urooncologist would experience once this drug becomes available. Not only to the BCG negative, but those patients that are diagnosed early and will not have to experience the multiple procedures. Thinking of you Goose.

My hopes for all cancer patients, their families and the good Dr's trying to same them.

Good Luck To All.
Regards, BK
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