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Bullboard - Stock Discussion Forum
Claritas Pharmaceuticals Inc
V.CLAS.H
Alternate Symbol(s):
CLAZF
Healthcare
Claritas Pharmaceuticals, Inc., formerly Kalytera Therapeutics Inc, is a biotechnology company that is focused on developing R-107 for the treatment of vaccine-resistant coronavirus disease (COVID) strains. The Company’s products in development include R-107 for coronavirus disease and Viral Infections, R-107 and Vaccines, and CLA-1816 for treatment of pain. R-107 is designed to defeat COVID...
viruses on contact. R-107 targets the Achilles heel of COVID, the spike protein on the surface of the virus. R-107 releases nitric oxide, which attaches to a specific amino acid on the spike protein, thereby disabling the spike protein. The CLA-1816 provides effective pain reduction, without the risks of addiction or respiratory suppression that exist with opioid analgesics. CLA-1816 strongly binds with and activates the alpha3 glycine pain receptor in the spine. The Company has leased a laboratory, office, and archival space in Beverly, Massachusetts.
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TSXV:CLAS.H - Post Discussion
Claritas Pharmaceuticals Inc
> obsidian
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•••
polo22
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Post by
polo22
on Jan 13, 2022 9:21am
obsidian
tks for the help mrs Bailey.....i am also curious....what happen with the obsidian deal...did they stop believing in us....i just wonder. !!
(324)
•••
Amazigh
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Comment by
Amazigh
on Jan 13, 2022 10:10am
Hi polo22, the deal with Obsidian is still valid, so we still will get money from them. The deal with Alumina for $5 million is, however, a much better deal for the company and therefore also for the investor. Instead of getting the $5 million now we get the money when we need it and pay with shares at the stock price of that specific moment. So, when the SP increases - I say when and not if
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