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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 Feb 23, 2021 12:29pm
163 Views
Post# 32637435

15 country EAA agreement with Toray...

15 country EAA agreement with Toray...came on the day that Valeant, a former CAD darling imploded..."hard lines son" ; - )

Widely known as Canada's worst bio-blunder day in history...

The surprising piece of news is that today's safe haven resides in the phase 1 CAD ACID play....NO, I'm not in the trial ; - )

MMED only down 6% where the Speculator is down a nasty 10% with Captain Smith setting a course for a day full of "Icebergs" .....Is there time to re-arrange the deck chairs?  Perhaps knot...let's just get the inducement awards done so these wonderful announcements can move the needle...at least the one on the compass pointing right at those North Atlantic "bergs"

Ends up being a pure shame that some body ran this to 70 CAD at yday's close only to paint the glorious pictures of today's RED sea ; - )

Wish I had more ; - )

Bon chance,
Tom ( from the tier )
PS...the dark pools appear to be the course for those steering clear of the Iceberg fields, we've traded over 250K shares all in with totals up in Toronto showing only 25% of that...
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