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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 YukonCorneliuson Jun 05, 2014 3:09pm
215 Views
Post# 22634642

RE:RE:Wedbush analyst Gregory R Wade.

RE:RE:Wedbush analyst Gregory R Wade.ya that is a huge loss and it probably be a long time before anyone is talking 5 dollars again (great for shareholders while it lasted)but they still have analyst coverage at Cormark. at leats until cormark moves on until things are closer in 2 or 3 years. looks like the nobody retail sharholders have run out of money and the institutional support is already lined up for the financing at 25 so it will be a slow summer here.the next catalyst is probably another interim review in 12-18 months
Bullboard Posts