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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 PezDalatoYouon Nov 30, 2021 2:17pm
132 Views
Post# 34181432

The latest DaVita PR

The latest DaVita PRis an interesting read. Particularly: "Per a report by ReportLinker published on GlobeNewswire, the global end-stage renal disease market was estimated at $30.85 billion in 2020 and is expected to reach $69.92 billion by 2026 at a CAGR 14.6%. Factors like higher risk of COVID-19 exposure and infection in dialysis patients and increasing number of patients suffering from chronic kidney disease are likely to drive the market." ; - )
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