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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 Accountprinceon Jul 07, 2021 10:17am
188 Views
Post# 33504833

RE:RE:Blood Purification Stocks are on Fire! - Revised !...

RE:RE:Blood Purification Stocks are on Fire! - Revised !...There's only one remaining tailwind and that's getting the price in the proper range for exercise of options.  Your thoughtful and well laid out analysis speaks volumes.  The setup this morning was 318 shares traded for EDTXF to set up a 9% drop thereby allowing a range of $0.48 to $0.49 per share on the Canadian exchange.  So any OS options at or close to that range are now just out of the money - capital gain and not income when it goes up. 

Let's see what's exercised of those just out of the money options - based on some recent reporting we should know within a couple of months.  Any idea who holds options in that range?
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