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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 BayStreetWildon Dec 22, 2021 12:30pm
122 Views
Post# 34254887

RE:RE:RE:RE:RE:RE:Trading review from July 27 to today - Where is Paradigm? !!

RE:RE:RE:RE:RE:RE:Trading review from July 27 to today - Where is Paradigm? !!

They go short they don't need shares. They cover with financing paper.

and it's literally everyone from the financing selling the paper at a loss and even people from before that were disillusioned by the lies.

there is a very low probability that they reach 90 patients before they need money. At this rate we are 2-3 years out from that. 


 

mercedesman wrote: Ahhh...

The old mystery Hedge Fund selling theory !

Do please elaborate!  Where did they get 10 million shares to sell?

The other mystery is Baxter;'s tranche 2 which is in theory due around the same time as you say we run out of cash.

MM

 

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