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

Spectral Medical Inc > Congrats on the 20 year deal...

<< Previous

Bullboard Posts

Next >>

Comment by mercedesmanon Apr 08, 2021 9:29am

140 Views

Post# 32955759

RE:RE:Congrats on the 20 year deal...

I wouldn't DIMInish or under-estimate the importance of this peice of the puzzle.

It's the keys to the $ 5B+ market for Home Dialysis and PD. WIthout it, Dialco could have been a big zero.

Whether the news falls on deaf ears or not, remains to be seen....but I see it as one step closer to monetization of a VERY key asset.

MM

<< Previous

Bullboard Posts

Next >>

Eminent acquires promising Nevada gold project