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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 Spectracleson Jun 11, 2020 12:51pm
259 Views
Post# 31139100

Stock Price

Stock PriceI remember asking my stock broker friend who got me into this madness we call EDT, "Why is the price dropping?". He gave me this deadpan response, "because there's more sellers than buyers". Sadly he passed early but I'm sure he's getting great enjoyment watching the bouncing ball. So we all just need to stop selling. I suspect there's many day traders having fun with it though. Perhaps we should inundate the company with respectful communiques requesting stronger marketing and promotion be done. And maybe they could share a clear picture of their plan for consolidation and entry into Nasdaq while they're at it. Sorry, must have dozed off and started dreaming. Just think of it as a really long drive along the bumpiest road ever but it leads to a golden sand beach with all the margaritas you want. Sigh. We're getting there...
Bullboard Posts