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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
Comment by jasonvnoon Nov 15, 2013 10:02pm
185 Views
Post# 21912098

RE:RE:Markets will come.

RE:RE:Markets will come.Not sure about them buying back a couple of markets, but you're right Toray has been a significant hold back. If it wasn't for the cash flow he's given for the trial he probably wouldn't be a big player in SDI. Then again... this is where a large portion of their financing comes from; they might not even be in trial if it wasn;t for him.

If they were smart, keep Toray in the picture, he still wins as a key player in the money department, but maybe use some of that to hire a marketing firm. Even a slight bit of advertisement does wonders. The medical industry is a wonderful thing, if it works people want it, and this is the medication that seems to do the trick for now.
Bullboard Posts