Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation
Company Logo

Destroying Cancer at the Speed of Light®

Clinical Study Underway (75 of 100 Patients Treated)
Expected to complete enrollment at the end of 2024
Expected to complete study at the end of 2026


Bullboard - Investor Discussion Forum 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... see more

TSXV:TLT - Post Discussion

Theralase Technologies Inc. > Roswell Park's Dr. Gal Shafirstein / Simphotek Project
View:
Post by Eoganacht on Feb 16, 2022 1:02pm

Roswell Park's Dr. Gal Shafirstein / Simphotek Project

Back in 2020 Roswell Park's Drs. Gal Shafirstein & Sarah Chamberlain were working with Dr. McFarland on intra-operative photodynamic therapy for NSCLC using TLD1433 and Lumeda's optical surface applicator. Ultimately, the use of TLD1433 was abandoned in favour of photofrin, which was invented at Roswell Park) and two IO-PDT clinical trials ensued.

Light Dosimetry for Photodynamic Therapy With Porfimer Sodium in Treating Participants With Malignant Mesothelioma or Non-Small Cell Lung Cancer With Pleural Disease Undergoing Surgery

Photodynamic Therapy to Amplify the Response to Immunotherapy in Patients With Non-small Cell Lung Cancer With Pleural Disease

These two trials could have used TLD1433 as the photosensitizer and no information has leaked out about why photofrin was preferred.

Now Dr. Shafirstein has received a $1 million grant for a new project involving a new image-ibased IO-PDT treatment of inoperable malignant tumours that obstruct airways.



"Gal Shafirstein, DSc, Director of PDT Clinical Research, and Nathaniel Ivanick, MD, Assistant Professor of Oncology in the Department of Thoracic Surgery, received a two-year $1 million grant from the NCI, with support from Simphotek Inc., to study a new image-based treatment for interstitial photodynamic therapy (I-PDT) of inoperable malignant tumors with airway obstruction. “During I-PDT in the clinic, there is a need to adjust the irradiance (light dose rate) and fluence (light dose) to account for patient-specific tissue and tumor optical properties or changes in fiber placement that occur after an initial pretreatment plan is generated,” says Dr. Shafirstein, the co-Principal Investigator. “This can be accomplished with novel, near-real-time computational software that will be employed in this phase 2a trial to calculate the intratumoral fluence and irradiance, which will impact tumor response in I-PDT of locally advanced cancers.”  

Innovative Proposals From Roswell Park Teams Draw More Than $36 Million in Research Grants

Drs. Shafirstein and Ivanick will be working with a very interesting company called Simphotek Inc., which specializes in devices to facilitate treatment planning and dosimetry for light based cancer treatments. They are currently involved in 2 clinical trials using photofrin. They could just as easily be using TLD1433 and may have gotten a much better result. It would take someone smarter and better informed than me to figure out if this is another missed opportunity or is sound business strategy on the part of Theralase.

NEWARK-BASED SIMPHOTEK HELPS SURGEONS PRECISELY TARGET TUMORS THROUGH REAL-TIME DIGITAL VISUALIZATION

September 30, 2020       Esther Surden
 
Suppose there is a therapy in development that could treat your internal solid tumors and stimulate your immune system to significantly cut the risk of your cancer returning?
 
What if this therapy, already in introductory clinical trials, spared your organs, so you could keep your tongue or your lung?
 
What if it did all this, but also used technology that wouldn’t damage your DNA?
 
Simphotek, a Newark-based biotech company, has developed a digital technology that guides surgeons as they use photodynamic therapy to remove solid tumors caused by advanced cancer.
 
Simphotek was recently selected as a “showcase company” at the National Cancer Institute’s Small Business Innovation Research (NCI SBIR) virtual event on Sept. 9–10, and as  a “breakthrough company” at the international Redefining Early Stage Investments (RESI) conference on Sept. 14–16.  Additionally, on Sept. 21 Simphotek presented its technology as one of the top 20 biotech companies in cancer therapy at an international meeting.

Simphotek in the treatment room | Courtesy Simphotek

Simphotek uses computer hardware and software, including patent-pending algorithms, to create a treatment-planning system called “Dosie,” which works in real time inside the treatment room. The system depends on a photoreactive drug that binds with cancer cells.  The software calculates how many cancer-killing ions a surgeon needs, the right amount of light intensity, how long the surgeon will need that light intensity and the right amount of the drug to use.
 
 “In addition to doing these calculations, we have developed a combination of computer processors so that the calculations that the surgeon needs are determined in a few seconds, rather than the hours that usually take place for this type of calculation,” Mary Potasek, cofounder and chief science officer, told us.
 
Simphotek was founded in 2016 by Potasek; Gene (Evgueni) Parilov, CTO; and Karl Beeson, vice president of technology.
 
“The program can calculate changes that the surgeon will need, using the input parameters, the light intensity, the light duration, and so on, while a surgeon is actually operating,” Potasek said. It can tell the surgeon, “‘You need such-and-such light intensity, but you do not have enough and, in order to create enough cancer-killing ions, you need to increase that amount.’ And that calculation can be done in a few seconds. This is a complicated calculation that normally takes hours to process,” she added.
 
“We have a combination of various computer processors — The graphics processing unit and CPU  —  that we’ve added to make the cancer therapy reproducible, which has never been done before for this type of therapy. This is a critical unmet need to advance this cancer technology,” Potasek told us.
 
“We also give the surgeons a three-dimensional map of the tumor,” she said, “so, they can look inside the tumor at various points and see which regions, down to a millimeter, are not receiving enough cytotoxic agents. And that region may have to be a treated longer or may have to have the light intensity increased or decreased.”
 
For patients, besides the promise of a longer life, the treatment would be highly sought after because it doesn’t have many negative side effects, such as impotence, nausea, organ removal or damage or DNA damage,” Potasek stated.
 
Simphotek has raised about $7 million since 2016. Most of the money came from National Cancer Institute grants. The company collaborates with two world-leading medical schools — University of Pennsylvania and the Roswell Park Comprehensive Cancer Center — to form a multidisciplinary group of over 20 surgeons, doctors, engineers, biologists, radiation physicists and oncologists, all working together with one goal: to enable physicians to use photodynamic therapy to double or triple patient life expectancy when treating solid tumor cancers.
 
Currently the company is proposing to raise $3.5 million to finalize intellectual property, hire key management, and develop a working prototype.  The company estimates that it will later have to raise about $20 million to complete development and do clinical trials, Potasek said.  

Simphotek Medical Devices
Comment by patience69 on Feb 16, 2022 3:15pm
Wow Eog great find. This has been a puzzle in my mind for a while. Lumeda has their unique laser system & I bet our drug would have done great. To answer the question I believe IMO that not going with them was a great business decision. It would have been short sighted. Maybe even closed the door on what could be in the oven in way of a partnership. I cant see what we would have gained except ...more  
Comment by langosta on Feb 16, 2022 3:20pm
Confused here? Not going with them? I thought it was them not going with us.  (Once more, it may be my age).
Comment by patience69 on Feb 16, 2022 3:30pm
Sorry langosta. It was my poor unclear grammar. For whatever reason that partnership did not happen & IMO that is a good thing. Lung cancer is a prolific (unfortunately) cancer but does pose a huge opportunity for us. Chances are whoever partners with us in a big way will want a piece of that too!!!
Comment by MuskieMan50 on Feb 16, 2022 4:46pm
I think what Patience is implying is that Lumeda probably would have liked to use 1433 but Theralase would not permit it.The thinking is why give 1433 to someone else to use with their laser. It would make more business sense to not encumber another indication as a future partner may want it as part of package.Would make it more complicated for minimal gain.
Comment by enriquesuave on Feb 16, 2022 4:45pm
Nice find Eoganacht.  Theralase seems to be going with X-ray activation of Rutherin rather than IO ( intraoperative ie during open surgery) with Photofrin at Roswell.  I guess both applications could be trialed, but maybe they first want to use X-ray activation which is way more appealing as no need for surgery and perhaps to replace surgery altogether.  They are showing a 3 log ...more  
Comment by CancerSlayer on Feb 17, 2022 1:24am
  Thanks for that info Enrique...Any ability to use non-invasive X-ray PDT with Rutherrin in NSCLC would further highlight the versatility of this ACT & give TLT a tremendous advantage over the competition.  That in vitro kill rate bodes well for a potential in vivo cure imo for the smaller-sized tumors.   Additionally, an X-PDT approach can not only potentially replace ...more  
Comment by StevenBirch on Feb 17, 2022 8:41am
Thaks as usual CS, Enrique and Eog. I agree and think NMIBC was chosen as the best entry point and not downplaying it for either the people who have it or the value to the company but it seems the biggest and best is yet to come. I was disappointed with the notion of competition being behind the 'sell-off' this week as there is very little volume to back it up, I think it's just the ...more  
Comment by Mongoose1975 on Feb 17, 2022 9:10am
in Layman terms, this is some StarTrek sheit
The Market Update
{{currentVideo.title}} {{currentVideo.relativeTime}}
< Previous bulletin
Next bulletin >

At the Bell logo
A daily snapshot of everything
from market open to close.


Connect with V.TLT



Investor Presentation

The Road to Saving Lives: Clinical Study Underway

  • Clinical Study with 75 of 100 Patients Treated (Enrollment to be completed by end of 2024, with study completed by end of 2026)
     
  • Ground Floor Investment Opportunity in Multi-Billion Dollar Industry
     
  • Best-in-class treatment for NMIBC (according to interim clinical data)
     
  • NMIBC (Non-Muscle-Invasive Bladder Cancer)
     

FACT SHEET

View the Presentation

The Watchlist

The Watchlist
{{currentVideo.videoCaption}}
< Previous Video {{moreVideoText}} Next Video >

Investment Opportunity

The Road to Saving Lives: Clinical Study Underway

  • Clinical Study with 72 of 100 Patients Treated (Enrollment to be completed by end of 2024, with study completed by end of 2026)
     
  • Ground Floor Investment Opportunity in Multi-Billion Dollar Industry
     
  • Best-in-class treatment for NMIBC (according to interim clinical data)
     
  • NMIBC (Non-Muscle-Invasive Bladder Cancer)
     

Facebook

Contact Us

Address:
41 Hollinger Road
Toronto, ON M4B 3G4
Canada

Toll Free:
1-866-THE-LASE (843-5273)
Local Phone:
416-699-LASE (5273)

Email:
info@theralase.com

Fax:
416-699-5250