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Bullboard - Stock Discussion Forum Therma Bright Inc V.THRM

Alternate Symbol(s):  TBRIF

Therma Bright Inc. is a Canada-based company, which is a developer and partner in a range of diagnostic and medical device technologies. It focuses on providing consumers and medical professionals with solutions that address medical and healthcare challenges. It is involved in developing, acquiring, manufacturing, and marketing proprietary healthcare and medical devices for the consumer and... see more

TSXV:THRM - Post Discussion

Therma Bright Inc > Therma Bright to Submit Application to Health Canada for App
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Post by AveragePenny on May 10, 2022 11:45am

Therma Bright to Submit Application to Health Canada for App

The application to Health Canada follows an application under the Emergency Use Authorization (EUA) guidelines to the U.S. Food & Drug Administration (FDA) for review of its AcuVid™ COVID-19 Rapid Antigen Saliva Test on March 29, 2022. The application to Health Canada will be made under the Interim Order issued by Health Canada. The application is substantially equivalent to the one made to FDA and uses the test performance data from the US and Brazilian clinical studies and the product manufacturing data provided to the FDA.

The FDA under its Emergency Use Authorization and Health Canada under the Interim Order recommend that candidate tests should demonstrate a minimum sensitivity of greater than 80%. The results achieved by the AcuVid™ test in clinical studies exceed the minimum threshold for approval by these regulatory agencies.

Therma Bright's goal is to provide a low-cost, scalable saliva-based antigen test for routine and widespread testing of both symptomatic and asymptomatic individuals in schools, workplaces, nursing homes, sporting events, airports and other venues where a rapid result is required.

Mr. Rob Fia, CEO of Therma Bright, commented, "We are pleased to have filed with the FDA in March and shortly with Health Canada. We are also exploring other international regulatory jurisdictions where it may be advantageous for us to file and are actively seeking initial orders, subject to final regulatory approvals. Our suppliers and contract manufacturers have been locked down and will provide sufficient capacity to fulfil the initial orders and volume orders as they develop."

"With the detection of new sub-variants of concern such as Omicron BA.4 and BA.5, it has become clear that Covid will be with us for a long time and will probably become endemic much like influenza, necessitating the need for continued vigilance and testing," added Mr. Fia.

Therma Bright is not making any express or implied claims that its test product has the ability to eliminate or cure COVID-19 or the SARS-CoV-2 virus.

https://www.newsfilecorp.com/release/123395

Comment by Moemoney42 on May 10, 2022 3:07pm
"Mr. Rob Fia, CEO of Therma Bright, commented, "We are pleased to have filed with the FDA in March and shortly with Health Canada. We are also exploring other international regulatory jurisdictions where it may be advantageous for us to file and are actively seeking initial orders, subject to final regulatory approvals. Our suppliers and contract manufacturers have been locked down and ...more  
Comment by Vincenzovega on May 13, 2022 12:01am
Old rapid test are worthless. They don't pick up al variants and are late in telling you gave COVID. Therma does and it is recorded who has Covid. Whereas todays rapid tests aren't recorded. With 7.9 billion people  in this world I'm pretty sure they can sell 50 million units a month
Comment by spygate on May 13, 2022 10:01am
Well Vinny...you may not like it but unfortunetly as the statement is written, MM is correct  it tells anyone who actually reads it, is that they dont have any orders sold and ready for when/if FDA approval come. Actively seeking is very different that actual orders ready to fulfill.  'Im actively seeking an attractive female subject to me winning lots of money' and are ...more  
Comment by Woodytrash on May 13, 2022 10:08am
This post has been removed in accordance with Community Policy
Comment by Woodytrash on May 13, 2022 10:27am
This post has been removed in accordance with Community Policy