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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 Apr 18, 2016 10:56pm
116 Views
Post# 24781848

RE:RE:RE:RE:Interesting incyte into Canada's "pharma game"...

RE:RE:RE:RE:Interesting incyte into Canada's "pharma game"...
"I do believe notable efforts by the company to spread the word will commence in the days ahead"

Define days ahead. I want to believe too, but the company's history is not on our side... the problem is not even the uncertainty surrounding the trial results. We are an unknown company, Canadian (worst) selling a not well understood treatment for a disease that is not well understood even by medical professionals. And management likes it that way. The way EDT has dealt with the promotion of their product will perhaps become a famous case study, The penny stock illusion... now you don't see it, now you still don't see it.

"There are NO valid reasons to wait any longer"

There were no reasons recently, and the situation hasn't changed much. Posters are going to argue that soon, the last patient will have been recruited. Maybe an announcement then will raise hopes. For a few days, we will be happy the SP climbs to .85 or 90. then it'll slowly stumble down till we wait for results. We will ask "Didn't you project some kind of compationate program could be initiated?" We won't get any answers. The more we will wait, the more it will be hard to leave and hard to stay. Win all or lose all. I guess that's their assessment of their own investment and they don't want anyone to have it easier.

Or, magically, they start sending clues all around, excitement ensues, a buzz, the SP climbs sharply and we start reminiscing about the hard times we had around here, with all our differences and distrust.

Every small SH needs to decide for himself/herself which scenario is truly more believable.
Bullboard Posts