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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

Comment by vinoveritason Jan 04, 2021 11:13am
181 Views
Post# 32215103

RE:With NO proven efficacy in any RCT?

RE:With NO proven efficacy in any RCT?I would really like to understand why this is happening. We can clearly see something isn't "right" but I fail to understand why. It is clear Spectral isn't doing a good job - the question is whether it is on purpose or not. Both Baxter and Toray are for-profit enterprises, yet they don't seem to care about direct profits from their relationship with Spectral. 


SouthernTierTom wrote: Meanwhile...fully proven and APPROVED PMX sits on the shelves up in Canabis!!

Hey Baxter...what ya doing?

 

Health Canada Authorizes CytoSorb for Use in Hospitalized COVID-19 Patients

 

2021-01-04 06:30 ET - News Release

 

CytoSorb now immediately commercially available throughout North America for use in COVID-19 patients, and in a total of 67 countries worldwide

MONMOUTH JUNCTION, N.J.Jan. 4, 2021 /PRNewswire/ -- CytoSorbents Corporation (NASDAQ: CTSO), a critical care immunotherapy leader commercializing its CytoSorb® blood purification technology to treat deadly inflammation in critically ill and cardiac surgery patients around the world, announces that Health Canada has granted Medical Device Authorization for the importation, sale, and emergency use of CytoSorb in hospitalized COVID-19 patients under Interim Order (IO) ID# 316575.  CytoSorbents will collaborate with ebbtides medical, a specialty distributor of medical products throughout Canada, to ensure rapid and widespread availability of the therapy




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