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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 > Remember when mismanagement told us losing control of Dialco
View:
Post by hmmmmmmmm on Nov 09, 2023 11:58am

Remember when mismanagement told us losing control of Dialco

was going to save funds? Well they figured how to burn through any savings and then some... over 10m spent in 9mos. 

Unsustainable.

"Operating expenses for the nine months ended September 30, 2023, were $10,215,000, compared to $7,552,000 for the same period in the preceding year,"
Comment by JohnnyCashMoney on Nov 09, 2023 5:11pm
It takes money to take money
Spectral Medical Inc
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