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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 McBullishon Jan 21, 2025 12:18pm
179 Views
Post# 36413595

RE:We Sit and Wait

RE:We Sit and WaitI dont know where you're getting your information but thats not my take on it.

BTD moves the needle for SP, AA moves the needle for treatment and revenue streams 

BTD has a 1 in 5 approval rate. 

BTD is on track for Q1 submittal. The data being collected from the remaining candidates reinforces our long term CR numbers, which is the differentiator between the other competeting drugs and justification for the designation. Otherwise our shorter term CR numbers, while good, are comparable to alternatives. It needs to be done properly for the best chance of approval.

We have the patient data needed for AA, we just need to complete patient enrollment. We do not have direct control over enrollment but I believe we are about 12-25 patients away. The requirements are different for the FDA and the same approval in Canada as far as I uderstand.

AA will be a game changer for whatever direction the company goes in to get to market. 

Its getting done. Lets do it right. Im buying more.


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