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 > from the yahoo board

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Comment by Stocktreeon Feb 02, 2021 10:27pm

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Post# 32455091

RE:from the yahoo board

That's the picture I had in mind regarding this news and it would fit with everything that has ever happened with this company.

It is obvious that this was not going to be an important job for him.

That being said, what he brings us is yet to be determined. Maybe some good will come out of it.

But I'm not very impressed by this acquisition for now (said with Eeyore's tired and pessimist tone).

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