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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 mercedesmanon Oct 04, 2021 1:49pm
274 Views
Post# 33961510

Commentary...on today's trading...

Commentary...on today's trading...Cdn investors in Spectral have experieinced a worldwind/rollercoaster ride of trading today.

Early on it looked like it was going to garner a .2 handle, in sub-two-bits (US) trading.

Only to be reversed by a heavy onslaught of demand that pushed shares to as high as .345 !
Seemingly nothing cures low prices like low prices for traders in this hidden gem !

But alas, it seems to be settling back to it's rightful place at 25% off the Financing Price, until catalyzed/directed by some news.

Over $ 8k of trading has taken place so far today !

*    *    *

Meanwhile AEMD, that other HP contender*, has traded a meager 761,000 shares,  for > $ 2.6M USD.  Well off it's normal trading volume of 2.5M shares/day.

*You know the Co. that has no Trial, no FDA's, no RWE, no other trick ponies, etc.

Americans eat this stuff up.

This has been ...

MM reporting for BSTV
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