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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 davikingon Oct 07, 2022 12:48pm
151 Views
Post# 35012580

RE:RE:The breadcrumbs I see in the IR

RE:RE:The breadcrumbs I see in the IRAll a bunch of smoke and mirrors, imo!
I'm not sure how to read this latest news. It seems like they are never going to finish this trial and have to keep looking for money. Keep diluting my shares!!!!
There sure is going to be a nice tax loss if and whenever this is taken over or they finally get approved and go on their own (I don't believe for a moment that this Admin and BOD have the wherewithal to do that).
Euphrates trial had 450 patients over 5-6 years so 75-90 per year.
Now that the scourge of the pandemic is mostly over (for awhile, now), they can't even get 1/month entered in the TIGRIS trial!. They've chosen the wrong hospitals? Someone interfering in assessing new entrants? Maybe Baxter wants to slow it down so that they can take this over for a song??!! They make it sound like it's the cat's meow but is it all bark on no bite?
BRUTAL long process!
You get a sniff of goo fortune into the .50's and then back to the .30's. Has there been any other trials that have taken so long, to get 40% through????

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