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Bullboard - Stock Discussion Forum 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... see more

TSX:EDT - Post Discussion

Spectral Medical Inc > -20%...
View:
Post by mercedesman on Aug 15, 2022 11:03am

-20%...

...of MC wiped out in the past week or so,  or about $ 30M...so far...


...wiped out by some "horrible" news like ....

  • continued "exceeding expectations" on Tigris
  • ARC SAMI sale
  • Break Through Designation for PMX (=FDA commitments for more rapid turn-around, and likely enhanced probablitly of ultimate approval).
  • US Dept. of VA acceptance of SAMI
  • Baxter pre-marketing activity on PMX
  • Close to full partnership enrollment, DIMI Trial

or maybe it's in anticipation of....

  • an unsupported by promotion/analyst/volume/US activity pending financing? 


If so, sad really !

MM
Comment by Gorf79 on Aug 15, 2022 11:11am
Spectral is a candy store for insiders! Only they know the real truth, they take candy as they see fit as they OWN it ALL! THEY OWN IT ALL...
Comment by JohnnyCashMoney on Aug 15, 2022 11:15am
Another $20, are you ever astounded by your hypocrisy?
Spectral Medical Inc
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