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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 inspecthrgadgeton Jul 19, 2021 2:30pm
208 Views
Post# 33570067

AEMD is up 84 cents US today

AEMD is up 84 cents US todayTo the best of my knowledge, you still only need one hand to count the human usage.

Interesting though, important types involved and our CMO was a special advisor there. As David previously mused, is this a special M&A opp?  They do have a fistful of US cash, a NAS listing and the right people to get us to the right place... just my own special muse ... hmmm?  Maybe David hit a single with that suggest?  Perhaps of little relevance given the lack of human data, but we could crutch off the 2 FDA breakththrough designations to help the puzzle pieces fit together better. Let me know if it is going to happen, I could help write the NR and make it look more palatable. Jmho

Best,
Gadge
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