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.

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Spectral Medical Inc

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Post by somweyungguyon Oct 05, 2016 7:32pm

142 Views

Post# 25314543

Removal of SDI ( now EDT shares from Mavrix mutual fund )

I realized the true value of this when Medwell extracted the SDI shares from the Mavrix Fund before it "closed up shop"

Funny enought the transaction was 'milked" too...

The sales of the shares created an auto NR every two weeks telling the market the fund was looking to dump their position...of course it was bought by Medwell and later absorbed by Birch Hill, but REAL VALUE was sucked out of the "MARKET OVERHANG" ( quote from company ) while Medwell prepared their bid . LOL

You want more SDI / EDT investor tales..I have lots..I've watched this for years.

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