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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 mercedesmanon Dec 05, 2023 8:05am
288 Views
Post# 35768543

Do the math…

Do the math…The highest ( or second highest ) Price to Sales ratio of all industries is Biotechnology

of 518 companies the average was 7.72 
Biotechnology 7.72 518

https://fullratio.com/ps-ratio-by-industry#

PMX could drive up to  $2B USD in revenues in the US alone 

Even many small Cdn biotechs are commanding PS Ratios of 2-5 

Do the math once to calculate MC potential

Then do it again to calculate per share value.

Let me know how you make out. 



MM 


 

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