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Spectral Medical Inc T.EDT

Alternate Symbol(s):  EDTXF

Healthcare Biotechnology Medical Instruments & Supplies
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

Spectral Medical Inc > $ 3 Billion ?
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Comment by TechOneon Sep 09, 2023 4:06pm
126 Views
Post# 35627857

RE:RE:RE:$ 3 Billion ?

RE:RE:RE:$ 3 Billion ?Certainly, anything is possible if they decisively beat the numbers..  So yeah, valuation has a wide range here and marketcap of $ 3 B and above is not so outrageious.. 

I just wish, they were already trading on a US exchange.. Properly listed.. Too bad their last annual attempt to get the permission for reverse was not approved by share holders..  Partly because they were asking for a 10 for 1 or even 20 for 1 etc. Open ended.. And share holders were not too sure if these guys will time it right.   I guess lack of investors' trust played in that as well.. 

FWIW 
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