Toronto, Ontario / ACCESSWIRE / August 29, 2014 / Theralase Technologies Inc. (“Theralase”) (TLT:TSXV) (TLTFF:OTC Link) released its second quarter 2014 financial results today, demonstrating a slight increase in revenue for the three month period ended June 30, 2014, edging up 1% year over year, while successfully advancing its patented next generation therapeutic laser and cancer destruction technologies. Total revenue for the six-month period ended June 30, 2014 increased 1% from $852,196 to $860,437 year over year. The net loss for the six-month period ended June 30, 2014 was $689,727 (including $64,304 of net non-cash expenses) compared to a net loss of $411,079 in the same period in 2013 (including $56,829 of net non-cash expenses). The net loss reflects the ongoing commitment of Theralase to invest in the next generation of therapeutic laser and cancer destruction technologies, from existing therapeutic laser sales. Sales and marketing expenses increased 27% from $237,221 … Read More
Theralase Advances Intellectual Property of Anti-Cancer Technology
Toronto, Ontario – July 17, 2014 Theralase Technologies Inc. (“Theralase”) (TSXV: TLT) (TLTFF: OTC Link®) announced today that it has applied for a US patent for a multi-wavelength laser light source that is capable of safely and effectively activating its patented and patent pending Photo Dynamic Compounds (PDCs) in the destruction of cancer at various tissue depths. Theralase’s PDCs are able to be activated by laser wavelengths ranging from the visible spectrum to the Near Infrared (NIR) spectrum. This newly conceived multi-wavelength laser system is able to activate the PDCs from a few hundred microns (millionths of a meter) to ten centimeters in depth allowing oncologists the ability to target surface as well as deep cancerous tumors. Dr. Arkady Mandel, Chief Scientific Officer of Theralase stated, “The new multi-wavelength laser system combined with Theralase’s PDCs presents the first opportunity for an oncologist to be able to provide a fully “patient … Read More
Cold Laser Therapy Basics
Over 75 Trillion cells in a human body and they all need energy and electrons to communicate with each other. Laser light delivers the required electrons and energy directly to the cells, enhancing their ability to communicate with each other, absorb oxygen and nutrients and dispose of wastes and toxins. The laser delivers photons to the cells, and mitochondria, which they convert into ATP and use as energy for rebuilding and repairing tissues, tendons, ligaments, nerves and even bones. Laser therapy is an exciting and relatively new field that can offer people a very safe and effective option to help with speeding up injury repair and reducing pain. provides a unique alternative to patients who are terrified of surgery or drugs, but still seek the powerful healing benefits. A laser is defined as a device that produces intense radiation in the visible or near visible wavelengths. Laser light is unique … Read More