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Last C$0.32 CAD
Change Today -0.01 / -3.03%
Volume 423.1K
TLT On Other Exchanges
As of 3:58 PM 11/27/15 All times are local (Market data is delayed by at least 15 minutes).

theralase technologies inc (TLT) Snapshot

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52 Week High
12/23/14 - C$0.78
52 Week Low
08/24/15 - C$0.25
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theralase technologies inc (TLT) Details

Theralase Technologies Inc. designs, develops, manufactures, and markets laser technology used in biostimulative and biodestructive clinical applications. The company operates in two divisions, Therapeutic Laser Technology and Photo Dynamic Therapy. It engages in the production, marketing, and distribution of TLC-1000 and TLC-2000 laser technology for the treatment of pain, neural muscular skeletal conditions, and wound healing. The company is also involved in the research, development, and commercialization of the patented and patent pending TLC-3000 Photo Dynamic Compound technology through pre-clinical scientific research, technology development, and clinical trials to destroy cancers for oncological applications, as well as bacteria for human, animal, and sterilization applications. In addition, it operates a full service medical rehabilitation clinic in Toronto, Ontario for training and education of health-care practitioners. The company sells its products to licensed healthcare practitioners in Canada, the United States, and internationally. Theralase Technologies Inc. has strategic partnerships with University Health Network, Ontario Centers of Excellence for Photonics, National Research Council of Canada, Virginia Tech, The Scripps Research Institute, Mayo Clinic, University of Buffalo, and JSS Medical Research. The company is headquartered in Toronto, Canada.

theralase technologies inc (TLT) Top Compensated Officers

Chairman, Chief Executive Officer and Preside...
Total Annual Compensation: C$170.8K
Chief Financial Officer
Total Annual Compensation: C$129.6K
Compensation as of Fiscal Year 2014.

theralase technologies inc (TLT) Key Developments

Theralase Technologies Inc. Reports Revenue Results for the Third Quarter and Earnings Results for the Nine Months Ended September 30, 2015

Theralase Technologies Inc. reported revenue results for the third quarter and earnings results for the nine months ended September 30, 2015. For the quarter, revenue increased 186% from $134,036 to $383,791 from the same period in 2014. The net loss for the nine month period ended September 30, 2015 was $4,253,079, which included $438,539 of net non-cash expenses (amortization, stock-based compensation expense, foreign exchange gain/loss and lease inducements). This compared to a net loss for the same period in 2014 of $1,737,759, which included $157,748 of net non-cash expenses. The increase in net loss is primarily due to increased investment in research and development for the anti-cancer technology, preparing for a Phase Ib clinical study for Non-Muscle Invasive Bladder Cancer (NMIBC) in fourth quarter of 2015, and the addition of sales, marketing and administrative personnel related to the launch of the next generation TLC-2000 therapeutic medical laser system in fourth quarter of 2015.

Theralase Technologies Inc. Launches Next Generation Therapeutic Laser in USA

Theralase Technologies Inc. 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.

Theralase Technologies Inc. Announces New Appointments

Theralase Technologies Inc. announced 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 will be responsible for: Managing the day to day operations of the Theralase clinic; Treating patients in the Theralase clinic. Both Dr. Angelevski and Dr. Peplow will utilize the next generation therapeutic laser in the clinic working in conjunction with Theralase's Key Opinion Leaders ("KOLs") to optimize the technology, provide continuing feedback and support to the ever growing customer base in Canada, the US and internationally.


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