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Spectral Medical Inc EDTXF


Primary Symbol: T.EDT

Spectral develops devices for unmet medical needs. Sepsis occurs in 1.7M Americans/year causing 250K deaths, often caused by endotoxin. Our devices measure and remove endotoxin from the bloodstream. An FDA confirmatory trial is underway. Dialco, a Spectral sub, offers SAMI, a novel instrument for renal replacement, cleared by FDA. Dialco is seeking FDA approval for DIMI a unique home dialysis enabler. These devices have large commercial potential


TSX:EDT - Post by User

Comment by mercedesmanon Feb 27, 2024 11:16am
133 Views
Post# 35901424

RE:Why didn't Baxter want to see the data?

RE:Why didn't Baxter want to see the data?

This is worthy of a re-post, I missed it yesterday. 


First off

MNPI
https://mco.mycomplianceoffice.com/blog/mnpi-compliance-risk-remains-high?hs_amp=true

It seems kinda likely to me that the plan is for Baxter to participate beyond the $12-$13.5m they've put in so far ( just to lock up access to the right to distribute PMX and spend millions more in the necessary commercialization and marketing steps) 

note: the etcetera comment from JK ... suggesting that that participation could happen in more than just the obvious way. 


MM 


 

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