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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 Apr 26, 2021 6:28pm
186 Views
Post# 33071632

I strongly suggest you look at Patient Home Monitoring....

I strongly suggest you look at Patient Home Monitoring....Formerly PHM up in Canada, now PTQ and VMD.  I would look very closely at the structure and in particular the "players"....Will version 2.0 be even better?

Forgetting that investments are best gathered at the best possible price while one is in the "accumulation phase" is a critical mistake.  So do we still think Crawford's 10% of the company at ~ 33 cents was an overpayment?  Sure the stock sunk to 13 or 14 cents CAD after the 33 cent purchase was made, but we've approached a 20 Bagger OFF THE 13.5 CENT cad bottom.  From a market cap of 40M CAD to a combined market cap today of PTQ@252M + VMD@463M = 715 MILLION CAD

Canada has BUT 1 investment banker speciaizing in health care...do you think the "pros" got stuck with PLI or Concordia?  Better yet, do you think the "fancy cheese" fella doing the video with the attractive investment promotors has "never heard" or has "no interest" in EDT?  He always seems keen on solid advancement and "late stage" companies...we're so late I think we might be "expecting" ; - )  What we will name it?

Bon chance,
T
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