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Spectral Medical Inc T.EDT

Alternate Symbol(s):  EDTXF

Healthcare Biotechnology Medical Instruments & Supplies
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

Spectral Medical Inc
Bullboard Posts
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(13)
•••
Post by Rickkieon Jul 12, 2016 11:29am
182 Views
Post# 25044493

AlphaNorth Growth Fund

AlphaNorth Growth FundSpectral shows up in a Canadian Small Cap (medium to high risk rated) fund. 

This first link show the managers comments when purchase was made in February 2016. The second link show the fund is still in the portfolio (150K shares) at June 30, representing 6.9% of the portfolio.

The bad news is, the performance of this this fund is not a pretty one.

https://www.alphanorthasset.com/app/Uploads/fund-com/2016-02-29-alphanorth-growth-fund-2016-02.pdf244.pdf

https://quote.morningstar.ca/quicktakes/fund/f_ca.aspx?t=F00000MSM8&region=can&culture=en-CA
Bullboard Posts
Dealroom for high-potential pre-IPO opportunities