Toronto, Ontario – December 29, 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 the University Health Network Review Ethics Board (“UHN REB”) has approved the Clinical Study for evaluation of the Company’s next generation anti-cancer drug, TLD-1433, in a Phase Ib clinical trial for patients inflicted with Non-Muscle Invasive Bladder Cancer (“NMIBC”). The Phase Ib NMIBC clinical trial will evaluate the anti-cancer technology for the primary endpoints of safety and tolerability, with an exploratory end point of efficacy, in a patient population who meets the inclusion / exclusion criteria of the study as evaluated by UHN’s uro-oncology department. Michael Jewett, MD, a Professor of Surgery in the Division of Urology at the University of Toronto, a member of the Department of Surgical Oncology at Princess Margaret Cancer Centre and of … Read More

Toronto, Ontario – December 15, 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 it has commenced launch of its next generation therapeutic laser, the TLC-2000 Therapeutic Medical Laser System, in Canada. The Canadian market represents over 128,000 healthcare practitioners, with the ability to purchase the TLC-2000, for their respective clinical practices. David Smith, Director of Global Sales stated, “Health Canada approval of the TLC-2000 is a major accomplishment for the Company, allowing our sales team the ability to sell the safest and most effective therapeutic laser system ever designed to the Canadian healthcare market. Canada has the largest installed base of Theralase products, with approximately 800 installations and based on the performance of this next generation technology, I expect a high “trade-up” rate to the latest next generation technology. Now … Read More

Toronto, Ontario – November 27, 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, released its third quarter 2015 financial results today.   Revenue for the three month period ended September 30, 2015 increased 186% from $134,036 to $383,791 from the same period in 2014.   In Canada, revenue increased 43% to $885,562 from $621,435, while US revenue decreased 42% from $234,167 to $136,382 and international revenue decreased 71% from $138,871 to $39,665.   The significant increase in Canadian revenue in 3Q2015 and the corresponding decrease in US and international revenue is attributable to the Company building its sales and marketing teams from scratch commencing with the Canadian market, in anticipation of the launch of the next generation TLC-2000 therapeutic medical laser system. Prior to the recently received Food and Drug Administration (“FDA”) approval … Read More

Toronto, Ontario – November 26, 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 it has commenced launch of its next generation therapeutic laser, the TLC-2000 Therapeutic Medical Laser System, in the United States. The United States market represents over 1.3 million practitioners with the ability to purchase the TLC-2000 Therapeutic Medical Laser System for their clinical practices. David Smith, Director of Global Sales stated, “The FDA approval of the TLC-2000 represents a watershed moment for the Company to dramatically increase its customer base in the US and significantly increase corporate revenue through the sale of the safest and most effective therapeutic laser system ever designed to the largest consumer market in the world. I look forward to building the high performing team that will ultimately lead to these significant revenues … Read More

Toronto, Ontario – November 25, 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 the Food and Drug Administration (“FDA”) has granted 510(k) approval for Theralase’s next generation therapeutic laser, the TLC-2000 Therapeutic Medical Laser System. The FDA has reviewed Theralase’s 510(k) premarket notification and has determined that the TLC-2000 is substantially equivalent to the Theralase TLC-1000 therapeutic medical laser system for the indication of “Adjunctive Use in the Temporary Relief of Pain Associated with Knee Disorders” and has authorized Theralase to market the device throughout the United States. This 510(k) approval allows Theralase the ability to commence marketing the TLC-2000 in the United States, effective immediately. Roger Dumoulin-White, President and CEO, Theralase stated that, “Theralase has focused its resources on the successful completion of four major strategic objectives prior to … Read More

Toronto, Ontario – November 24, 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 it has appointed Dr. Elizabeth Angelevski as the Director of Clinical Education / Training and Dr. Alex Peplow as the Clinic Director of Theralase. Dr. Angelevski graduated from Canadian Memorial Chiropractic College (“CMCC”) in 2009 and from McMaster University with a Bachelor of Science in Kinesiology (Honours) in 2005. She is a licensed chiropractor with an avid interest in sports injuries and rehabilitation. Dr. Angelevski will be responsible for: • Providing clinical overview to the marketing program for the next generation therapeutic laser • Training all healthcare practitioners on the safe and effective use of the next generation therapeutic laser • General management of the Theralase clinic Dr. Peplow graduated from York University in 2008 with a … Read More

Toronto, Ontario – November 12, 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 it has partnered with the University of Ulm (“Ulm”) to investigate the localization of its lead Photo Dynamic Compound (“PDC”) within cancer cells and shine more proverbial light on the Mechanism of Action (“MOA”) on how this PDC is so effective in the destruction of cancer cells when laser light activated. The scope of the current project between Ulm and Theralase is to investigate the localization (where do they locate in the cell) and the MOA (how they work on the cell) of Theralase’s lead PDC, TLD-1433, currently under investigation for the destruction of Non-Muscle Invasive Bladder Cancer (“NMIBC”). The head of the core facility “Confocal and Multiphoton Microscopy”, located in the Medical Faculty of Ulm, is … Read More

Toronto, Ontario – November 10, 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 its latest anti-cancer technology research, combining Photo Dynamic Compounds (“PDCs”) with laser light to destroy cancer targets was recently presented at the 28th International Congress of Laser Medicine, Laser Florence 2015 from November 5th to 7th, 2015 and was the recipient of the best presentation award. The research entitled, “A Novel Family of Osmium Complex Photosensitizers for Multi-Wavelength Photo Dynamic Therapy (“PDT”)” conducted in collaboration between the Department of Medical Biophysics, University of Toronto, the Department of Chemistry, Acadia University and Theralase provided evidence that Theralase’s Osmium based PDCs when activated with various wavelengths of light were able to effectively destroy cancerous targets, pre-clinically. The research will be published by Medimond S.R.L. under their Monduzzi Editore International … Read More

Toronto, Ontario – October 1, 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 it has completed manufacture of a second batch of its lead Photo Dynamic Compound (“PDC”), TLD-1433 in compliance with Good Manufacturing Practice (“GMP”) standards. This milestone demonstrates Theralase’s ability to consistently and reliably manufacture its lead light activated drug in the same purity and yield as the original GMP batch.   Consistency in manufacture of TLD-1433 is essential to prove to regulatory agencies that a drug intended for the treatment of Non-Muscle Invasive Bladder Cancer (“NMIBC”) can be reliably produced to GMP quality standards.   Theralase plans to evaluate TLD-1433 in a Phase Ib clinical trial aimed at proving the primary objective of safety and tolerability with an exploratory objective of efficacy commencing in late 4Q2015.   … Read More

Toronto, Ontario – September 21, 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 it has submitted its anti-cancer technology to the Research Ethics Board (“REB”) of Princess Margaret Cancer Center, University Health Network (“UHN”) for approval.   The REB is responsible for reviewing the anti-cancer technology and assessing it from a clinical viewpoint. The anti-cancer technology consists of the Company’s lead Photo Dynamic Compound (“PDC”), TLD-1433, which is light activated by the proprietary Theralase TLC-3200 Oncology Laser System for the treatment of Non-Muscle Invasive Bladder Cancer (“NMIBC”). The REB, pending review, will authorize the UHN clinical team to commence enrolling patients, inflicted with NMIBC, into a Phase Ib clinical trial to study the effects of the technology as determined by the primary outcome measures of safety and tolerability, and as … Read More