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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 Jan 11, 2016 3:19pm
108 Views
Post# 24447358

RE:RE:RE:It's been approved in Canada for near 10 years

RE:RE:RE:It's been approved in Canada for near 10 years
Perhaps there's something in the governance rules related to south pond listing requirements that Spectral owners/management don't feel comfortable with? In any case, there's at least a 50/50 chance that their behavior is an indication that they like what is happening with the SP, that is that they are not just too lazy or scared to make the right moves. Since they do not seem to be hinting that such a behaviour will change anytime soon (and therefore the SP will stay unusually low considering the events unfolding), we are only left to guess what their motives could be. Maybe they don't like fish, or they don't want other people to know they have found a great fishing place...
Bullboard Posts