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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 schemehatcheron Apr 30, 2014 7:38pm
293 Views
Post# 22510124

More trading manipulation today

More trading manipulation today
Yesterday price was held at .30 via iceberg strategy, today the number was .28.

VERY EASY to manipulate the trading here as it is extremely illiquid.

Big difference between an "expidited access program" for a medical device and a " fast track" for a phase III drug trial.  Especially when your device is completely safe thanks to 100K+ satisfied patients.

I suspect the two imaginary "practicing MD's" that soft-core basher TechOne eludes to are the same two docs that looked after Smush's MS, and told him the BioMS's drug was more or less a "done deal"  The difference is that BioMS was at $3 and money was coming out, here we are 10% of that and NOBODY wants to sell...this will succeed, the BioMS trial was doomed and some smart folks had a real good idea - IMHO.  The big question is around the 90MM Lilly wasted on the results from a small phase II, or did they ?  Let's see if Lilly re-appears ?????

Nice to see a board full of fairy tale providers, although "littleDigs" may not be far off with the Toray call.

Schmr
Bullboard Posts