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.

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Spectral Medical Inc > Falling Short(s)

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Post by mercedesmanon Dec 21, 2021 11:12am

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Post# 34250537

Falling Short(s)

More than 1/2 of the Short postion (highest level achieved in the past 4 years on Nov 30th) was covered as of Dec 15th.

Still about 1/2 left.

I wonder why the change of heart ?

MM

PS: 8 more sleeps until the end of tax loss selling. But perhaps more relevent is all the 30 day count-downs in effect now. Small caps tend to like January.

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