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Spectral Medical Inc T.EDT

Alternate Symbol(s):  EDTXF

Spectral Medical Inc. is a Canada-based late-stage theragnostic company advancing therapeutic options for sepsis and septic shock. The Company develops and commercializes a treatment for septic shock utilizing its Endotoxin Activity Assay (EAA) diagnostic and the Toraymyxin therapeutic (PMX). PMX is a therapeutic hemoperfusion device that removes endotoxin, which can cause sepsis, from the bloodstream and is guided by the Company’s EAA. PMX is approved for therapeutic use in Japan and Europe and has been used safely and effectively on more than 340,000 patients to date. It has pioneered the development of biochemical markers for the clinical syndrome known as septic shock. It is continuing its legacy business of manufacturing and selling certain proprietary reagents. It develops, produces and markets recombinant proteins, antibodies and calibrators. These materials are sold for use in research and development, as well as in products manufactured by other diagnostic companies.


TSX:EDT - Post by User

Bullboard Posts
Post by jasonvnoon Nov 15, 2013 2:28pm
249 Views
Post# 21910944

Markets will come.

Markets will come.The trial version is still running oversease, and with good results at that. Generating revenue should be easy once they hit the US market. With or without Obama care there will still be some sort of increase. Maybe not the 5$ price target analysts have predicted, but still a large increase compared to current trial incomes. Keep in mind there has not been any of this research or medicine on US soil. Every bit of study has been done abroad. When Phase lll is done, and this medicine finally has a buyer, say hello to  a strong and profitable SDI.
Bullboard Posts