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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 > Baxter and Canada
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Post by cleareye on Apr 05, 2024 1:33pm

Baxter and Canada

I wish we could see Baxter market this in the Canada. It would help us to understand what Spectral Medical may expect to get from Baxter per treatment. It would presumably help Spectral finance themselves over the next 12 months.

I have heard the reason given for Baxter to wait till FDA approves the treatment. If anyone cares to define that more precisely I would appreciate your comments. If anyone knows the deal that Baxter and Spectral has to divvy up the money per treatment in USA and Canada when Baxter makes a sale, I would be interested in hearing that.

In the meantime, I am waiting to hear of the next way in which Spectral Medical plans to raise the necessary capital to get them over the finish line.

cleareye.
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Spectral Medical Inc