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 > Not likely to see ANY "insider activity here" for a month +

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Comment by mercedesmanon Feb 11, 2021 3:06pm

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Post# 32543235

RE:RE:RE:RE:RE:RE:Not likely to see ANY "insider activity here" for a month +

That is correct.

An acquisiton to expedite a listing (Reverse takeover).

Or allow themselves to be eaten (in whole) instead of any new US listing at all.

Or a partial market listing (IPO Dialco/spin out of shares to existing shareholders). Followed by allowing the PMX portion to be eaten by a big fish...or a second Nasdaq IPO dealing with PMX sans Dialco.

Or a private investor/instituion/future potential partner taking a pc of Dialco at a discount to future value. Perhaps to pretend they intend to market DIMI and SAMI themselves, or in partnership via a DA.

Lots of ways to skin this cat.

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