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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 SouthernTierTomon Dec 22, 2021 3:25pm
218 Views
Post# 34255778

Perhaps time to "consider a 2 minute minor"

Perhaps time to "consider a 2 minute minor"

for "unsportsman-like / UNethcal conduct"?...

Would seem we've risked 5 min majors or even complete expulsion in the past and carry on with more "papier" at even loer prices....let's go for it shall oui?

On the outside it does appear the "TRIL" is gone, BUT "Patient Homes"  we've seen this act before...just ask the former EDT insider / Medwell Securites President ( his name escapes me for now ), hopefully he is still at our disposal for future consultation..he clearly was part of a "real winner" at PHM....Bear in MIND our former Chair and distinguished BoD memeber were integral in the "TRIL ride" from 30 cents CAD to $27 CAD, before the ~ $23 buyout.

TRIL was 30 tiny pennies and PHM just a "Baker's dozen pennies" before the baker "got the recipe right"....

OH the CONTROL and OH the power that allows comes with it ; - )


I know the CMO spoke of a "potential penalty" ( take the 2 min minor - ga head, you'll be just fine ; - ) ) for disclosing efficacy to the very limited numbers of players that are NOT privy to what management, Toray, Birch Hill and other BoD members are WELL aware of...see the "TIGER(is) apparently roaring"

I would ask Dr. Kellum our CMO to detail what the FDA penalty might be for leading naive or retail money astray by allowing a key company executive to share a meaningless and moreso "misleading" piece of data like say, "62% of those NOT enrolled in the phase 3 trial are dying"?  Does the FDA encourage "lost leader" data a month or so before "top line presentations" are made and the 1 penny bid/ask party is set in motion?

Also, what about the 88 PMX and 106 "SHAM" patients being "messaged" to 90 PMX and 89 "SHAM" patients once the 16 Canadien patients were "removed"  MM's light and easy to digest explanation was fine, BUT the phase 3 Euphrates was a "randomized double blinded trial"  HOW COULD ALL 16 Canadien patients have received the "SHAM" filter if each and every one of the 16 patients had a 50 / 50 chance of getting PMX?  Is Jeffrey sitting in his Bethesda office as we speak flipping a 5 cent buffalo head attempting to dulpicate our "data pack"

I'm confused Dr. Kellum. BUT have never questioned the "cost to efficacy ratio" when our product is used in the "right setting"..."leaky gut" or "translocation of endotoxin" for us less sophisticated types.  Lessons learned, but seemingly not from the phase 2 Euphas that required a FULL HALT due to outstanding efficacy.

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