Spectral Medical Inc T.EDT

Personalized Medicine...

[mercedesman]

“We are entering an era of personalized medicine for critical illnesses,” continued Dr. Kellum. “By breaking up sepsis into subsets that have specific molecular pathogenesis, we believe our strategy targeting endotoxemic septic shock, characterized by high levels of endotoxin in the bloodstream, is far more likely to succeed, where other non-specific therapies have failed time and again. Our goal is to show a large difference in mortality when an anti-endotoxin therapy is applied to carefully selected patients with high endotoxin activity in their bloodstream. Moreover, we have a diagnostic test already in clinical use to identify these patients. We believe this combination of an advanced diagnostic with a specific therapy represents the future of sepsis care.” - JK (KOL)

[oilandgasman]

Problem being this chubby Dr can't run a trial to save his life without grad students. 50 and counting..just 100 more to go Scotty McShilling. years to go..not months

[BayStreetWild]

only half a year to go before another financing is needed it seems. Tick tock  

[hmmmmmmmm]

Yeah, management believe they can just bury their head in the sand until they need more money. 21 News Releases and filings in Oct.   10 News Releases and filings in Nov.   Once they got new money in their account..   1 News Release in Dec. to soft announce the loss of control of DIMI/SAMI.   1 News Release in Jan. disclosing the sad enrollment of 1 patient

[BayStreetWild]

been working for them so far.... salaries keep coming.  

[mercedesman]

You guys should really take things up with the FA80 given their connections to the Board room.  Most of us only have connections to the Bored room. Presumably they would be aware of any Mgt shortcomings,  and YET.... ....they insist on coughing up the cash, whenever it's needed. For $ 11M (less of course the new Baxter quasi-equity contribution) I would have reserved the right to

[BayStreetWild]

connections to the board room = insider reporting requirements. Who are these FA80 people you keep talking about. Why isn't the OSC requiring whoever this is to file reports on SEDAR?