Theralase Announces Acceptance of Peer Reviewed Publication for Next Generation Anti-Cancer Drugs

Toronto, Ontario – April 6, 2017 Theralase Technologies Inc. (“Theralase®” or the “Company”) (TLT:TSXV) (TLTFF:OTC), a leading biotech company focused on the commercialization of medical lasers to eliminate pain and the development of Photo Dynamic Compounds (“PDCs”) to destroy cancer, announced today that its latest research has been accepted for peer reviewed publication, demonstrating that a new class of anti-cancer PDCs based on the metal Osmium (“Os”) may be very effective in the destruction of cancer. A new publication entitled, “Novel Osmium-Based Coordination Complexes as Photosensitizers for Panchromatic Photodynamic Therapy” has recently been accepted for publication in Photochemistry and Photobiology, the official journal of the American Society of Photobiology. http://onlinelibrary.wiley.com/doi/10.1111/php.12767/epdf Researchers from: Theralase; Acadia University, Department of Chemistry; the University of North Carolina at Greensboro, Department of Chemistry and Biochemistry; the University of Toronto, Department of Medical Biophysics and Princess Margaret Cancer Centre, University Health Network (“UHN”) collaborated on the … Read More

Theralase PDT Technology Used to Treat First Patient for Bladder Cancer

Toronto, Ontario – April 4, 2017 Theralase Technologies Inc. (“Theralase®” or the “Company”) (TLT: TSXV) (TLTFF: OTC), a leading biotech company focused on the commercialization of medical devices to eliminate pain and the development of Photo Dynamic Compounds (“PDCs”) to destroy cancer, announced today that the first patient was treated on March 30, 2017 for Non-Muscle Invasive Bladder (“NMIBC”) cancer using its novel Photo Dynamic Therapy (“PDT”) technology. The PDT treatment procedure involves the instillation of a water based solution of Theralase’s lead anti-cancer PDC, TLD-1433, through the urethra into the bladder of the patient, to allow localization of the PDC to the NMIBC. The bladder is then drained of the solution, flushed with sterile water to remove excess solution and refilled with sterile water via a cystoscope. At this point, a fibre optic assembly, with the ability to both emit and detect laser light, is inserted through the cystoscope, to … Read More

Theralase Demonstrates 18 Month Stability of Lead Anti-Cancer Drug

Toronto, Ontario – March 15, 2017 Theralase Technologies Inc. (“Theralase®” or the “Company”) (TLT:TSXV) (TLTFF:OTC), a leading biotech company focused on the commercialization of medical devices to eliminate pain and the development of Photo Dynamic Compounds (“PDCs”) to destroy cancer, announced today that it has demonstrated 18 month long term stability of it lead anti-cancer Photo Dynamic Compound (“PDC”), TLD-1433. Stability studies are an essential component of pharmaceutical development, allowing evaluation of a drug’s stability under the influence of a variety of environmental factors such as: temperature, humidity and light. Data from these studies enable recommended storage conditions, retest intervals and shelf lives to be established. Demonstrating long term stability of a drug to be used in human clinical testing is essential to prove that the potency and/or efficacy of the drug is not affected during prolonged shelf life. TLD-1433, in the most recent testing report, demonstrated that its purity … Read More

Health Canada Approves Clinical Trial Application for Anti-Cancer Drug

Toronto, Ontario – December 17, 2015, Theralase Technologies Inc. (“Theralase” or the “Company”) (TLT:TSXV) (TLTFF:OTC), a leading biotechnology manufacturer focused on commercializing medical technologies to eliminate pain and destroy cancer, announced today that Health Canada has approved its next generation anti-cancer drug, TLD-1433, under Clinical Trial Application (“CTA”) for evaluation in a Phase Ib clinical trial for patients inflicted with Non-Muscle Invasive Bladder Cancer (“NMIBC”). Health Canada recently reviewed the CTA submitted by the Company and has issued a “No Objection Letter” stating that Health Canada has no objection to the proposed Phase Ib clinical study, a standard response, allowing the Company to proceed with enrolling patients who meet the inclusion and exclusion criteria of the study pending Health Canada Investigational Testing Authorization (“ITA”) of the TLC-3200 medical laser system used to activate TLD-1433 in the bladder and University Health Network Review Ethics Board (“UHN REB”) approval of the clinical … Read More

Theralase Releases AGM Presentation Video

Toronto, Ontario – December 14, 2016, Theralase Technologies Inc. (“Theralase” or the “Company”) (TLT: TSXV) (TLTFF: OTC), a leading biotech company focused on the commercialization of medical devices to eliminate pain and the development of Photo Dynamic Compounds (“PDCs”) to destroy cancer, announced today that it has released the video presentations conducted at the end of its Annual General and Special Meeting held on December 9, 2016 in Toronto, Canada. The presentations were delivered by Dr. Lothar Lilge, Senior Scientist, Princess Margaret Cancer Center, University Health Network (“UHN”) and Dr. Girish Kulkarni, Uro-Oncologist, also from UHN. The video of the presentations may be viewed at: https://www.youtube.com/watch?v=uZuqltillSM&feature=youtu.be Roger Dumoulin-White, President and CEO of Theralase stated that, “Theralase has made significant advances in 2016 in both of its divisions. In the TLT division, Theralase has successfully commercialized its next generation TLC-2000 therapeutic laser system in both Canada and the US. In the … Read More

Theralase Adopts Advance Notice By-Law

Toronto, Ontario – December 13, 2016 – Theralase Technologies Inc. (“Theralase” or the “Corporation”) (TLT: TSXV) (TLTFF: OTC) today announced that its board of directors (“Board“) has adopted By-Law No. 3 (“By-Law”) to establish a framework for the advance notice of nominations of directors by shareholders of Theralase (the “Advance Notice Requirement”). The purpose of the Advance Notice Requirement is to treat all shareholders fairly by ensuring that all shareholders, including those participating in a meeting by proxy rather than in person, receive adequate notice of the nominations to be considered at a meeting and sufficient information with respect to all nominees to enable them to exercise their voting rights in an informed manner. In addition, the Advance Notice Requirement should assist in facilitating an orderly and efficient meeting process. Among other things, the Advance Notice Requirement fixes a deadline by which shareholders must notify Theralase of nominations of persons … Read More

Theralase Demonstrates 12 Month Stability of Lead Anti-Cancer Drug

Toronto, Ontario – November 30, 2016, Theralase Technologies Inc. (“Theralase®” or the “Company”) (TLT:TSXV) (TLTFF:OTC), a leading biotech company focused on the commercialization of medical devices to eliminate pain and the development of Photo Dynamic Compounds (“PDCs”) to destroy cancer, announced today that it has demonstrated 12 month long term stability of it lead anti-cancer Photo Dynamic Compound (“PDC”), TLD-1433. Stability studies are an essential component of pharmaceutical development, allowing evaluation of a drug’s stability under the influence of a variety of environmental factors such as: temperature, humidity and light. Data from these studies enable recommended storage conditions, retest intervals and shelf lives to be established. Demonstrating long term stability of a drug to be used in human clinical testing is essential to prove that the potency and/or efficacy of the drug is not affected during prolonged shelf life.   Under long term and accelerated stability storage conditions, the drug … Read More

Theralase Increases Revenue 14% in 3Q2016

Toronto, Ontario – November 29, 2016, Theralase Technologies Inc. (“Theralase®” or the “Company”) (TLT:TSXV) (TLTFF:OTC), a leading biotech company focused on the commercialization of medical devices to eliminate pain and the development of Photo Dynamic Compounds (“PDCs”) to destroy cancer, announced today that for the nine-month period ended September 30, 2016, total revenue increased from $1,061,608 to $1,206,726 from the same period in 2015, a 14% increase. In Canada, revenue decreased 18% to $728,277 from $885,562. In the US, revenue increased 193% to $399,445 from $136,382 and international revenue increased 99% to $79,004 from $39,665. The decrease in Canadian revenue in 3Q2016 and the corresponding increase in US and international revenue is attributable to the Company systematically building its sales and marketing teams in the Canadian and US market and the learning curves associated with training and developing a new sales force. In December 2015, the next generation TLC-2000 laser … Read More

Theralase Announces Completion of Public Offering of Units

Not for distribution to U.S. news wire services or dissemination in the United States.  Toronto, Ontario – November 10, 2016 – Theralase Technologies Inc. (“Theralase” or the “Corporation”) (TSXV:TLT) (OTC Pink®: TLTFF) is pleased to announce that it has closed its previously announced public offering (the “Offering”) of units (each, a “Unit”). On closing, the Corporation issued an aggregate of 14,236,666 Units at a price of $0.30 per Unit for aggregate gross proceeds of approximately $4,271,000. Each Unit consists of one common share of the Corporation (each, a “Common Share”) and one common share purchase warrant (each, a “Warrant”). Each Warrant entitles the holder to acquire an additional Common Share at a price of $0.375 for a period of 60 months following the date of issuance. Echelon Wealth Partners Inc. (the “Agent”) acted as sole agent in connection with the Offering pursuant to the terms and conditions of an agency … Read More

Theralase Announces Proposed Public Offering of Units

Not for distribution to U.S. news wire services or dissemination in the United States.  Toronto, Ontario – November 7, 2016, Theralase Technologies Inc. (“Theralase” or the “Corporation”) (TSXV:TLT) (OTC Pink®: TLFF) is pleased to announce that it proposes to offer for sale up to 20,000,000 units of the Corporation (each, a “Unit”) at a price of $0.30 per Unit for aggregate gross proceeds of up to $6,000,000 (the “Offering”). Each Unit will consist of one common share of the Corporation (each, a “Common Share”) and one common share purchase warrant (each, a “Warrant”). Each Warrant will entitle the holder to acquire an additional Common Share (each a “Warrant Share”) at a price of $0.375 for a period of 60 months following the date of issuance. In connection with the Offering, the Corporation has engaged Echelon Wealth Partners Inc. (the “Agent”) to offer the Units for sale to the public on … Read More