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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 wildbird1on Dec 30, 2024 2:39pm
207 Views
Post# 36381260

RE:SOC

RE:SOCpatience69, yes the company is using the term Standard Of care. 
But maybe not in the same way you might think.
In the last Corporate Presentation page 10, Theralase said '' Radical Cystectomy is the current standard of care for BCG -Unresponsive CIS.
So Standard Of Care mean Radical Cystectomy.

On the same page Theralase said '' There is a critical need for effective bladder-sparing therapies for BCG -Unresponsive NMIBC.

BTD approval is for when there is a Critical Need.

Up until now Theralase has proven without a doubt with Ruvidar data, that they could fill that Critical Need.

Critical Need also mean that no other FDA approved treatment is available for these type of patients(patients that only choice is Radical Cystectomy).
BTD approval of Ruvidar for this Critical Need(Radical Cystectomy) definitively looks good.

patience69 wrote: Just curious. Has anyone else noticed a little change in the wording  over the last couple of months. Maybe its me & my glass half full attitude but it seems to me that since these discussions have been going on with the FDA lately concerning BTD  I have seen the term "standard of care" come up a bit. I can't see the company dropping that term randomly unless they have reason to believe that it is a possibility


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