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 davikingon Apr 23, 2019 1:31pm

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Post# 29660174

PP presentation

Questions from the PP presentation:
"More than 300 peer reviewed papers reporting on more than 10,000 patients.More than 170,000 treatments around the world, less than 0.1% rate of SAE". What is SAE?

This is from the company's PP presentation!:
"Spectral is running a PMX confirmatory trial, in order to launch in $1.5B US market in 2021".

This from company's "Investors Overview":
More than one million patients in the United States are diagnosed with sepsis each year. Approximately one third of these patients progress to severe sepsis and septic shock, representing a significant unmet need and an approximately $3 billion market opportunity for Spectral.
Why the difference in "market opportunity"

Why is there a need to create a "wholly owned subsidiary" (Dialco)?

"$15-30K per EAA+PMX treatment price models". Does anyone think that this price will come down with demand (better technology to make the cartridges?).
Thanks.