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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

Post by mercedesmanon Jul 22, 2021 11:16am
196 Views
Post# 33587682

Congrats to a small Cdn Biotech...

Congrats to a small Cdn Biotech...IPA listed on nasdaq early in 2021 and is up almost 100% today, so far.

In 2 hours (today alone) they have traded double the total number of shares they have outstanding. 

Smart move on their part to list on Nasdaq.  Great liquidity there.

I think they would have languished on the Cdn markets.

They are a long way from FDA approval, but people seem to like the potential.

I also like that they aren't afraid to tell their story...even to Social Media influencers.  They likely have the science behind them, and seem to want to share the story and the wealth.  Lots of integrity for sure.


MM
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