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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 Aug 31, 2021 12:02am
230 Views
Post# 33786438

RE:Spectralating with fact-backed knowledge is NOT helping....

RE:Spectralating with fact-backed knowledge is NOT helping....

Much as I might like to maintain the focus on the "rogue anonymous action" the facts remains that all this ownership grab must have logical endgame ... otherwise it is for naught 
 

You say "Baxter really got a lot of nothing for their 6.6M, just a place in-line to sell our products.."one day maybe" 
I disagree. In part because we simply do t know all the elements of "the deal". Some parts, we know , are redacted and there maybe other parts verbalized in a private room somewhere but left unwritten.
In any event, they know exactly what they are looking for and it's more than a ROFR on PMX for NA 
mans $20M is chump change for them. oXiris is a part of the story and a reason for their interest in PMX as well ( IMO) 

With an abundantly non-communicative Executive we are left only with deductive reasoning and sprectralation. I'm all four it ( two ponies, each with two tricks)  

Bozzie ( didn't he play for the islanders?) might be on to something. Or maybe not. But at least....

Once you eliminate the impossible, whatever remains, no matter how improbable, must be the truth.” - Sherlock Homes
Arthur Conan Doyle


 

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