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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 Jul 20, 2016 7:47pm
69 Views
Post# 25070614

RE:RE:RE:RE:What is 1 million EAA Screening Tests worth - Part 2

RE:RE:RE:RE:What is 1 million EAA Screening Tests worth - Part 2
On your previous reply to MM, Diamond, I do have respectfully to point out regarding the post you were referring to that MM was specifically talking about the EAA test. So not a treatment.

His number crunching was a very good effort to underlign the fact that regardless of the precise revenues the PMX treatment will generate (which have previously been debated), Spectral will make a healthy sum of money with its EAA test alone. And I think he may be correct in assuming that it will not just be used to monitor the patients doctors may want to "rule in" for the PMX treatment, and that it may even be used several times per patient, worldwide.

Bullboard Posts