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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 May 14, 2021 10:09am
147 Views
Post# 33202811

Spectral's COVID19 Trial a "going concern" - UPDATE SOON?

Spectral's COVID19 Trial a "going concern" - UPDATE SOON?I haven;t had the time to look at the MA&D as of yet, but losing less than 1 penny per share ( .007 ) in these trying times is "admirable" NICE JOB Chris and team Spectral!



I feel like an update on the COVID trial is iminent, given it is still running and OPEN Label

Nice to see Baxter ramping up EAA sales 51% and an 18% overall increase in revenue!

I am kind of surprised by the strength of the Quarter.

Remember that if we use the "correct" patients ( see termianted Euphas phase 2 ) along with Euphas2 registry, and RWD ( real world data, 300,000++ PMX usages ) AND of course the 179 patient from the phase 3 Euphrates....there is a VERY real chance that we never see the final "TIGER(is) tail" patients....The FDA needs this approved as does the world ALL IMHO and I tend to be "optimistic, BUT VERY well educated for a "common shareholder"

Here is the current COVID19 trail status;


 
Trial record 7 of 10 for:    toraymyxin

Evaluating the Use of Polymyxin B Cartridge Hemoperfusion for Patients With Septic Shock and COVID 19

The safety and scientific validity of this study is the responsibility of the study sponsor and investigators. Listing a study does not mean it has been evaluated by the U.S. Federal Government. Know the risks and potential benefits of clinical studies and talk to your health care provider before participating. Read our disclaimer for details.

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