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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 imatryinon Dec 07, 2017 6:06pm
145 Views
Post# 27113513

RE:What is the street consensus here?

RE:What is the street consensus here?I'd also like thoughts on the fact that Toray, a company Spectral has a business relationship with, supplied content for this review.  I would think that if the nature of the relationship with Toray has changed, Spectral would have had to report it.  Also as curious to me, it has been only 5 weeks since Spectral updated us on their resubmission process to the FDA.  If things were as dire (relative to individual interpretation) as the review describes, wouldn't the FDA have outright shut Spectral down?

FrostytheDoeman wrote: Only shows GMP on company website even though 2 analysts are shown as covering.
What are the buy, sell and hold decisions along with price target?
Will this poor paper influence the analysts?
Serious replies only please and thanks!


Bullboard Posts