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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
Post by overthelakeonlyon Sep 08, 2016 10:27am
135 Views
Post# 25217515

Rodman & Renshaw conference

Rodman & Renshaw conference
Next monday, at Rodman & Renshaw conference in New York, when investors will see our 46% composite mortality compared to placebo (untreated) mortality of +60% with EAA>0.60 not randomized, I think that many of them will be interested to invest in Spectral.--------------------------------------------------------------With these numbers, trial results could be between 54-38% (16%) and 60-32% (28%) which are very plausible and very good for FDA approval.
Bullboard Posts