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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 May 31, 2021 4:36pm
154 Views
Post# 33297554

RE:RE:De-Risked, Excited and Bullish on 2021

RE:RE:De-Risked, Excited and Bullish on 2021" If he merely says it's market forces at work then that will also speak volumes" -AP

Correct.  He should know better than most that there is everything & anything but true & fair market forces at work.  True market forces come from awareness and marketing,that generates demand & volume, that yields liquidity and therefore true value & price discovery.

Pay no attention to D-king who is still sore about buying at $ 4.75 in 2000 (and likely much higher than that in 1996).   Speaking of 1996, it's interesting to think about where they were in 1996 (phase 1?) vs now Phase 3 B confirmatory Trial on PMX, with much more RWE, greater need than ever, and Dialco 100% of the way there on one machine and 80% of the way there on the other (in an era where HHD is becoming an impairative).

MM



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