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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 GoldMemberTon Nov 02, 2021 2:00pm
129 Views
Post# 34078342

RE:RE:RE:RE:RE:I've had a nice...

RE:RE:RE:RE:RE:I've had a nice...

I think Seto, like his predecessors, is self serving. Had high hopes for him, thought there would make changes for the better including actively trying to improve their relationship and engagement with investors. What we got is a wet noodle. 

The company has literally been on a tailspin since he got hired. No, really, it has been consistently going down since the moment he was put in charge as CEO.

To be honest I feel bad for Kellum. He gives me the impression that he's an honest academic making his best go of this. 
 

mercedesman wrote: "the facts are 100% stacked up against you. Seto must be embarrassed. I wouldn't leave my house after this performance. " GMember

Meaning...I guess... that you believe that the hiring of Seto has put this Company into a permanent tailspin that will result in the non-fullfillment of its FDA approval goals (and  the non-sale of it's assets/IP to the highest bidder?

Do you really beleive that the BOD would allow that to happen?  Did Kellum sign up for that ?

I don't think so !

The only question that remains for me is...is this all by design or not ?

Follow the $$$$$$


MM






 

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