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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 mercedesmanon Apr 20, 2021 10:23am
174 Views
Post# 33028513

RE:Being a Spectral Medical investor is like being in the

RE:Being a Spectral Medical investor is like being in the
Stocktree wrote:
middle of the sea and asking yourself when will all that water go away.

And this is the forum where we talk about it and predict when it is going to happen (because there is evidence it will). But my guess is if it ever happens, we will not be happier.


Your post can be interpreted in a variety of ways.


1.  "if it ever happens" ... "we will not be happier"  (presumably than we are now)... I assume "it" means PMX FDA approval? ...and does the lack of happiness come from a perspective that money does not buy happiness?

2. Or do you mean..."we will never be happier" in our lifetimes?

3. Or we will not be happier because the insiders will figure out a way to screw the small retail investor?   If that is your perspective, please explain how they will accomplish that ?

4.  Or maybe you mean that the "it" will result in no increase in share price.  Which would be a bummer for all the hard work put in by Toray, Birchhill, Seto, Walker, Kellum, etc.  How would the intant creation of a multi-billion dollar, FDA sanctioned, market in the US, not reflect in the share price?


MM
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