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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 somweyungguyon Oct 12, 2016 4:59pm
119 Views
Post# 25336896

The "Medwell Calamities" ended quite well....

The "Medwell Calamities" ended quite well....Whether it was failure of their phase III as BioMS, or the "Recovery Room Scheme" that "palgued the play", or the "unexplained DE-LISTING" from the TSX that was announced on Sept.7th ( first day back from summer break ) and executed in February ( many months later ) In the end people owning Medwell ( including Birch Hill Equity) did VERY WELL and maintain the "softened shares of Spectral"

Toykyo you seem quite focussed on a financing, I would wait for the company to visit the FDA with their "ROBUST DATA" before "calling the financing"

I would also expect that the company will have to explain the interim data efficacy that led to the 29 CENT financing for Birch Hill, Toray and the 10M shares that went to "other investors"

Toykyo, do you know anything about Cormark, Sprott, or anything about 5 I research?

We seem to be garning much attention now that our shares are "suddenly on sale"

Thanks in advance, you seem rather intelligent

Sqr
Bullboard Posts