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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 Accountprinceon Mar 21, 2022 2:27pm
199 Views
Post# 34532085

RE:People are Leaving in Droves

RE:People are Leaving in DrovesHi PL - obviously you're new here and may have just been born on Stockhouse.  I see you're part of the sky is falling crowd.  Did you just pick up some shares now or do you claim to be a longer term holder?  Or do you not hold any shares?

Curious that all those employees that have left (sinking ship per you) haven't sold one share they own.  If I was with a company that was a sinking ship and left (or helped out the door) and held their paper the first thing I'd do is sell before it crashed.  But nobody has sold.  And they were insiders.  So how do you conclude the company is collapsing?  Do some research and you'll see multiple FDA approvals in place with just the last two still underway.  Agreed that management has done a rotten job on the timing of these.  But we have a world expert on board as the CMO.  And results to date that are exceeding expectations.

Please do enlighten us if we've struck an iceberg and are taking on water - specifics please.
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