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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 Feb 16, 2024 4:32pm
153 Views
Post# 35885050

RE:RE:RE:Revised Communication Strategy

RE:RE:RE:Revised Communication Strategy

How do you define trial success?

At 90 patients in Phase 3b?
Post Tigris data analysis? 

There are plenty ( hundreds? Thousands?) of examples of US companies commanding high share prices despite only having a Phase 1 trial underway, or a Phase 2 Trial ..,

Biotech investors in the US have no problem speculating on the success of various drugs or devices, even when the end decision ( by the FDA) is years away. 

Realistically Spectral will now have  a result in this year ( see Paradigm ) yet they've waited until the bitter end to go on Nasdaq? With no ability to even split? Please! 

All those calling for a reverse split vote are participating in the smokescreen. In the same way that those saying it was impossible to do because of enrolment stats, is an excuse. 

One logical buyer? yes. Only one potential buyer? Probably not. 

lots of Companies are looking for a lucrative future stream of cash flows in the billions ( protected and rubber stamped by the FDA ) 

But it's high time to execute the endgame or announce the strategy, instead of dancing around the topic of a US listing . 

MM 

 

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