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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

Post by mercedesmanon Mar 22, 2024 11:55am
176 Views
Post# 35947299

October Completion?

October Completion?
January and February saw a rate of 0.33 patients per site/month versus the past 12-month average of 0.23 and the full trial average at 0.19. If EDT can maintain the current run rate, it could hit the 150-patient mark in October...per Paradigm. 

Although arguably this is best case, it's worthy of note. 

If .33/month/site, based on 24 or 25 sites that's 8/month overall. March - Sept = 7 months  7X 8 = 56 

Coupled with Breakthru Device Designation by the FDA for rapid post Trial processing - we really are finally approaching the end stage!

MM 

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