Theralase® closes $419,124 private placement financing by issuing 1,995,829 units at CAD 0.21 each, with warrants exercisable at CAD 0.32 for 5 years. Funds will support Phase II bladder cancer trials, HSV treatment R&D, Rutherrin® development for solid tumors, and corporate purposes.

Ruvidar™ (1%) showed superior efficacy in healing HSV-1 lesions in mice versus FDA-approved Acyclovir (5%) and Abreva (10%). Ruvidar™ requires fewer applications and works via novel electrostatic repulsion mechanisms blocking viral binding.

A BCG-unresponsive bladder cancer patient achieved a 7-year complete response after one Ruvidar™ treatment activated by light. Theralase® plans regulatory submissions and expanded clinical trials in 2025–2026 for hard-to-treat cancers and infections.

Ruvidar™ showed superior efficacy over Acyclovir and Abreva in treating HSV-1 in a mouse model. Theralase® plans topical formulation, toxicology, and Phase I/II trials pending funding in 2025.

Theralase® reported a slight revenue decline in 2024 but reduced net loss, advanced clinical trials for cancer and Parkinson’s treatments, showed promising results in HSV and lymphoma studies, and plans FDA resubmissions.

Theralase® closed a non-brokered private placement, raising approximately CAD 310,200 by issuing 1,034,002 units at CAD 0.30 each. Proceeds will fund Phase II bladder cancer trials, Rutherrin® development, working capital, and general corporate use.

Theralase®’s Cool Laser Therapy improved motor and non-motor functions in Parkinson’s patients in a triple-blind clinical study, showing enhanced cognition, neurovascular health, and movement, supporting its potential as a non-invasive, drug-free treatment.

Theralase® reported that Rutherrin®, combined with Metformin and radiation, eliminated Non-Hodgkin’s Lymphoma in an animal model. This trimodal therapy showed tumor regression and survival benefits, supporting its promise in treating aggressive lymphomas.

Theralase® validated University of Manitoba research showing Ruvidar™ is safe and effective against HSV-1. Topical treatment healed lesions in four days, supporting its potential as a herpes therapeutic and clinical candidate.

Theralase® validated Ruvidar™ as safe and effective against HSV-1 in mice, with complete lesion healing in four days, supporting its potential for clinical use and advancement toward human trials.