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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

Post by SouthernTierTomon Nov 18, 2020 10:36am
737 Views
Post# 31921883

What might the ransom for Dialco be Hmmmmm? ; - )

What might the ransom for Dialco be Hmmmmm? ; - )"Beech Boy, table of fore..your pord $alads" are ready ; - )

Bon appetito,

Great post MM!

A follow-up to your posts in Sept ...if I may...

Why would they be motivated to sell-off Dialco for "a thin dime"?

Or as you say in a subsequent post that Dialco will be "kidnapped" from us?

What would be the logic of allowing that to happen hmmmmmm ?

Especially when the only two competitors command a price of $ 2B, albeit a few years ahead on sales and FDA (nome use) approval?

Might they be trying to position Dialco as a serious competitor in this market, once approval happens?  While they can try to "go it alone" isn't the more logical route an IPO spin-out or a DA?  versus giving it away for a dime after 5-7 yeears of development effort?  In a market that suggest much higher need going forward? 

MM



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