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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 smush74on Dec 02, 2013 12:34pm
137 Views
Post# 21960139

RE:RE:Is there big value in the warrents ?

RE:RE:Is there big value in the warrents ?
these are not new financing warrants, they are part of an earlier financing dating back. MWC is the one giving their pool of warrants to MWC holders. I believe that is where some of the confusion is. After they hand them out they (MWC) will still have over 600 000 of these warrants that were issued at a time when SDI was trading in the teens.
Bullboard Posts