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Spectral Medical Inc T.EDT

Alternate Symbol(s):  EDTXF

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

Bullboard Posts
Comment by Diamond482on Jan 21, 2016 9:20pm
146 Views
Post# 24482720

RE:RE:RE:Not sure if its another recession

RE:RE:RE:Not sure if its another recession
Absolutely.  You don't go ahead and develope a specific use pump and take it all the way to FDA 510k approval if your not certain a positivie outcome is ahead.  Not only that but Toray has a full on factory in place for the PMX cartridge manufacturing sitting in place waiting for the green light.

Indications of compasionate use prior to approval are all hints and tips this is going in the right direction.  Is it a sure thing .... mmmm .. nothing in life is .... but if you take all of the activity around this and use a little common sense.  It just might be.

I can see hesitation at 3 bucks .... yet it sits at under a dollar .... so ... sometimes Rogers little comments can give a guy/gal a moment to pause and consider.

Me .... I have my money were my mouth is and I expect it to GO !!
Bullboard Posts