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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 mercedesmanon Feb 20, 2022 2:07pm
207 Views
Post# 34446446

RE:RE:RE:RBC Capital Markets

RE:RE:RE:RBC Capital Markets

Domino55 wrote: I disagree MM. This is going to be far far uglier than rate hikes.

By Tuesday evening is my guess. 


I see the issues as compounding. Rising inflation, the prospect of rising rates, and a Russian invasion could be the perfect storm that the general markets cannot ignore.  

This does not mean that all stocks will fall equally.  Gold stocks, for example, might rise. Oil stocks might also benefit on prospects of tighter supplies.  Tech stocks and most others dependent on easy money and a good economy will likely fall. 

Spectral is so far off the radar, and tightly held, it's possible that it is largely spared by a general market collapse. 

Let's see.  Got gold? 


MM 
 

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