In the three months ended September 30, the company's revenue was $459,000, up 32% from $347,000 in the same period last year.
Theralase Technologies Inc is a Canadian company that designs, develops and manufactures ultrafast pulsed laser systems and applies them to biostimulation and biological destruction. Theralase's technology is targeted at several key areas: non-invasive pain management, neuromuscular bone clinical treatment, wound care and treatment.
The company will continue to focus on selling and commercializing TLC-1000 laser technology. In the next quarter, the company will continue to commercialize its next-generation TLC-2000 biofeedback system and bring it to market in the first half of 2009. It will further develop its TLC-3000 photodynamic compounds system to destroy cancer cells, bacteria, viruses and fat cells. As the company's development requires capital support, the company is actively financing, including the sale of shares and debt. The company believes it is important to increase the value of shareholders while achieving strategic goals.
The company's main technologies are:
TLC-2000: Biofeedback Laser Technology
In the third quarter, Theralase completed the development of a biofeedback laser system and conducted clinical trials with the Mayo Clinic. This technique is used to treat knee osteoarthritis, wound healing and myofascial pain and pain. These clinical trials, if successful, will be a new approach to laser treatment. TLC-3000: Cancer treatment and wound healing are preparing for the next round of clinical trials.
Compilation: Zeng Cong
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