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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 DuncinMcCon Jun 07, 2017 2:20pm
124 Views
Post# 26336586

RE:Why these two things are important

RE:Why these two things are importantJosh,

Despite the fact that you clearly dislike the company now, and have some kind of personal vendeta against it, you have raised interesting points that I have tried to consider.  I have to say though, that this point I do not feel holds weight. 

The entire point of the end of the trial was to test an assumption of "the more endotoxin in the system, the greater effect of the device."  As we all know, this was NOT the case, as the MODS >9 did not have a positive effect, which your personal statistics would point out. 

However, You then conclude that this means the device is not safe across the board.  This is factually not true.  The device could be said to be harmful (not safe) for MODS>9, but the entire point of the study was to test efficacy and safety with the EAA in place to segregate the population.  The EAA is mostly effective, that has not been in question.  If that is the case then hospitals can effectively target the device to the group on which it will be most effective.

Therefore the request for approval to the FDA would not include the MODS>9 population and also stipulate its use on a specific population as determined safe by the EAA.  So in relation to your 3 points:

"Remember the only reason why anybody still bothers with PMX after a failed trial is because 1. It’s a medical device, not a drug, thus a lower requirement; 2. PMX is supposed to be safe.; 3. There is no other available treatment. " These 3 aspects would still be positive and true, would they not?

thx,

DMcC
Bullboard Posts