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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 Jan 25, 2023 5:28pm
107 Views
Post# 35246462

RE:enrollment

RE:enrollment
Mrlucky wrote: so when is a patient considered enrolled?

Day 1 ?? Day28???? or once data is finalized

  • Specifically, we added approximately 30% of our total enrollment target in the second half of 2022 alone; 
from july 20(40patients)-Jan 13 10patients enrolled

total patient enrollment is 150 @30% = 45 in the second half
  • We are also nearing our interim enrollment target of 90 patients (“Interim Enrollment”); at Interim Enrollment, Baxter has the right to view the trial data, and subsequently the option to make the second milestone payment to Spectral to maintain its exclusive distribution rights.
if the above is correct wouldn't they be close to the interim 40+45+85?????

am i missing something



Close ... 

40 as of July 2022

10 enrolled in second half ( not great) 

total at Dec 31 = 50 

150 needed for Tigris target ( to be added to 170 done under Euphrates ) 

90 is interim data review. So 40 more needed ( or 100 more to achieve original Tigris add on total = 150) 

Some believe stoppage at 90 is possible based on:
  • Extreme need 
  • possible statistical confirmation ( see " exceeding expectation") 
  • open label/ ethical reasons 

Hope this helps

MM 

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