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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 Stocktreeon Dec 15, 2015 10:42am
50 Views
Post# 24385323

RE:Canadian sales&marketing an AGM presentation......

RE:Canadian sales&marketing an AGM presentation......The matter would be easily settled and I would very much like it to be so, if somewhere out there, you could find an announcement to the effect that "Spectral announces approval by Health Canada of Toraymyxin/PMX device..."

But since no announcement exists, we can only conclude that it is not approved. Furthermore, it is not approved "everywhere else"... Italy and Japan is not "everywhere else".

A strategy to sell is not an approval.

Common to be approved for such products does not mean "Toraymyxin is approved".

Unclear statements are not clear.
Bullboard Posts