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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 scroll4factson Oct 25, 2016 9:42am
137 Views
Post# 25381832

RE:RE:Newbies???

RE:RE:Newbies???Like many other shareholders, I'm still waiting for updates from the company.  I haven't sold a single share.   I don't agree with those low targets from some analysts.  Toraymyxin has not been rejected by the FDA.  The device is safe and has demonstrated beneficial treatment effects across multiple endpoints.  In my opinion the primary endpoint could still be reached in a small observational study with some adjustments done to the number of columns used, timing, and targeted population.  The unmet medical need is huge and about nothing else is available.  I'm hoping that the FDA will give us a quick pathway toward approval with data that could be retrieved from compassionate use under the  expanded access protocol.  I still have to figure how this device could be dismissed if it's safe, improves patient's conditions, and can potentially be saving tens of thousands of lives every year.
Bullboard Posts