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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 hmmmmmmmmon Apr 07, 2022 2:05pm
111 Views
Post# 34585137

RE:Any good reason Spectral can't run a trial?

RE:Any good reason Spectral can't run a trial?I've all but given up on this Mgmt. being able to run the Tigris/PMX trial. They are adding 1 patient a month! Even after their big "rah rah" call to all the sites with Kellum, Ronco etc pumping up the troops. It is clearly beyond their skill set- the numbers don't lie- (or stutter while making excuses).

But the bigger issue. With zero excuses or explanations- is why this CEO/CMO can't even START a simple, 35 person, 12 week DIMI Usability Trial.

Hundreds of thousands of Americans are getting dialysis every month- why can't they find 35 who want it for free??

Thousands of clinics and tens of thousands of techs are administering dialysis every month- why can't they find a couple that could use the DIMI pump?

They want us to believe that it's an important/ disruptive piece of technology- worth 1Bill+ , but more than a year after the trial was approved they still can't even START using it on 35 dialysis patients!

Come on. If they started it back in Jan it would be finished by now.

It is sickening. I hate the day I invested in this company. It feels more like this Mgmnt. have turned this company into a scam with every passing day.
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