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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

Comment by mercedesmanon Jul 25, 2022 4:36pm
233 Views
Post# 34849333

RE:RE:20% of all Global Deaths ?

RE:RE:20% of all Global Deaths ?There is lots to think about...

...including an extrapolation that if only 5 % of the world's Sepsis patients were tested with just one EAA at $ 200

The resulting annual revenue generated would be:

50,000,000 sepsis patients annually x $ 200 x 5% = $ 500 Million high margin USD !


And if just 10% worldwide penetration of EAA in ICU's, at an average of 2 tests per (remembering that the typical PMX treated patient will likely go through 5 more more EAA's as a companiion diagnostic - before, during and after treatment with PMX)

Then the resulting revenue from EAA would be... 

a staggering 50,000,000 x $ 200 X 2 x 10% = $ 2 Billion high margin USD !

MM


PS  check my math...and have some fun with calculations of an average of 3-4  tests per patient, or 25 to 35 % market penetration worldwide.

And remember that the EAA should be used as a triage tool (IMHO).  To determine whether a patient presenting with Sepsis-like symptoms, even has Sepsis in teh first place.


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