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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 Domino55on Dec 08, 2021 2:15pm
113 Views
Post# 34211419

RE:RE:Under promise and

RE:RE:Under promise and Those apologizing for management make the following points:

Things are going OK but not great.

Management have come clean and should be recognized for doing so.

No news or share  price movement for 12-24 months.

Put away your stock and come to check in 12 months from now.

2% NPV is fair value considering how early stage they are with both PMX and Dialco.

Still much uncertainty but they'll "let it ride" roulette style.

I Wonder where the direction for the new narrative is coming from? 
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