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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 BayStreetWildon Jan 12, 2023 9:42am
197 Views
Post# 35218098

My favourite line from the press release was

My favourite line from the press release was

"We continue to aggressively advance our Tigris trial with 50 of the 150 total patients now enrolled and randomized in the study"

I put aggressively in bold because that was a very emotionally charged key word of the press release. You can just taste their ambition and motivation. They are fighting for every patient.

2 patients since November is very aggressive. Imagine how much background work went into 1 patient a month. The paperwork alone would be enough to make a grown man cry. Let alone the other 7 hours and 59 minutes of an excessively long 8 hour workday. Do you think they're doing overtime on the weekends to try and catch up? There's a staff of 15 and they outsource the trial to a CRO right... so like yeesh. I feel bad for them. They must have skipped Christmas this year. 

Keep up the good work gents!
 

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