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 > 450M shares X $1.75/share CAD = $788 MILLION CAD....

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Comment by SouthernTierTomon Apr 24, 2021 11:32am

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Post# 33061613

RE:450M shares X $1.75/share CAD = $788 MILLION CAD....

Pardon both my math and my French...

I suggested it would cost 78M CAD to buy 10% of MMED, the phase 1/2 LSD R&D co

That was was based ONLY on the increase in value yesterday.

The toal value of the company is just short of 2 BILLION CAD, you'll need to write a cheque for about 200M CAD to BUY 10% of MMED...

For 200M CAD you'll get 100% of Spectral and 60M CAD or so "walking around money" ; - )

The truth does lye somewhere in the middle..

Sister Golden-fare ; - )

I've been through the financial desert on a #12 horse with no name, but a series of very $lick jockeys ; - )

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