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Spectral Medical Inc T.EDT

Alternate Symbol(s):  EDTXF

Spectral Medical Inc. is a Canada-based late-stage theragnostic company advancing therapeutic options for sepsis and septic shock. The Company develops and commercializes a treatment for septic shock utilizing its Endotoxin Activity Assay (EAA) diagnostic and the Toraymyxin therapeutic (PMX). PMX is a therapeutic hemoperfusion device that removes endotoxin, which can cause sepsis, from the bloodstream and is guided by the Company’s EAA. PMX is approved for therapeutic use in Japan and Europe and has been used safely and effectively on more than 340,000 patients to date. It has pioneered the development of biochemical markers for the clinical syndrome known as septic shock. It is continuing its legacy business of manufacturing and selling certain proprietary reagents. It develops, produces and markets recombinant proteins, antibodies and calibrators. These materials are sold for use in research and development, as well as in products manufactured by other diagnostic companies.


TSX:EDT - Post by User

Comment by mercedesmanon Dec 01, 2022 10:02pm
275 Views
Post# 35145195

RE:RE:RE:RE:RE:Sounds of Silence

RE:RE:RE:RE:RE:Sounds of Silence

1stockwatcher wrote: I think the products are important advancements, but I'm afraid the delay is going to rob us of our gains. It's a race between getting some big positive news and a general market collapse.


Spectral has proven itself to be immune from the general markets, at least in the first leg of the collapse ( some might go so far as to describe it as the antidote ) 

No reason we should expect it'll be different for the second ( perhaps following a short-term Santa Claus rally - however given the SPX is trading at just over its 200 day moving average in this bear market rally, and is about to hit the down channel trend line for the third time, there is no doubt we are close to a possible inflection point.) 

Personally I like gold on this breakout 

Spectral just needs to close the deal and give us the goods. Is Seto a closer? 

ABC ( always be closing) 


MM 

 

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