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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

Comment by wildbird1on Nov 24, 2024 8:36am
252 Views
Post# 36327867

RE:RE:RE:RE:1 Year ago today !

RE:RE:RE:RE:1 Year ago today ! CancerSlayer, thank's for the clarifications, people tend to forget about the difficult journey TLT had to go through to get were we are.

About Anktiva (ImmunityBio).
1)Anktiva is a 14 months long maintenance therapy, that doesn't even cure the cancer.
2)Anktiva doesn't even come close to being as good as TLT-Ruvidar.

In spite of the above,the FDA gave Anktiva BTD approval(Dec 4,2019),...
-1 month after the FDA BTD approval, ImmunityBio(Anktiva) SP was at $6.00US($8.00CAN).
-8 months after the FDA BTD approval ImmunityBio SP was at $14.00US($20.00CAN).
-14 months after the FDA BTD approval, the SP was at $40.00US($56.00Can).
After that  ImmunityBio SP went back down..because they had issues with the FDA.

1) TLT-Ruvidar is much superior to Anktiva(ImmunityBio).
2) TLT has a much stronger pipeline of future products than ImmunityBio.
3) Ruvidar will not have the same issues with the FDA as Anktiva(because Ruvidar is easier to produce and has a very long shelf life).

With all the above advantages of TLT-Ruvidar over Anktiva, it will be very interesting to see were TLT SP wil climb to after the FDA BTD approval of Ruvidar.

I love my TLT shares.

CancerSlayer wrote:
Oden6570 wrote: How long would the wait be if we were not on Fast Track ? Cannot imagine it being any slower than this has been moving.


I believe the pandemic, limited budget & limited number of trial sites (as well as the more gradual onboarding of US sites) significantly impacted trial speed & progress. Enrollment hit a snag during the pandemic & it's generally more difficult to enroll patients when you have relatively few(er) clinical trial sites. The Anktiva trial & its significantly larger budget had 32 trial sites. Unfortunately, the fast track designation can lose its splendor when faced with the above...all imo.


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