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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 Stocktreeon Jun 15, 2022 3:40pm
181 Views
Post# 34759221

New strain of pumping here.

New strain of pumping here.
I am so happy with the fact that we only have to win 56% of a dollar to pass that mark and that things look more positive now. I still have lots of doubts this will ever make us some money though. I can understand why some people are more optimistic BUT

WHATEVER HAPPENS, THERE IS NO LOGIC IN SAYING INSIDERS, WHO OWN IT ALL, DON'T CARE ABOUT THE PRICE NOW, BUT WILL CARE TOMORROW.

AND THERE IS NO LOGIC FOR THEM NOT TO CARE NOW!!! IF THEY WANT TO SELL DIALCO AT A GOOD PRICE, THEY NEED TO PUT ON A SHOW THAT SREAMS "THIS IS EXPENSIVE"!

And to get back to my usual pessimism, this was at 60 cents some time ago, which was not all that impressive at the time. Climbing to 50 cents or 60 or 70 or 80 or slowly inching back down to 30 does not matter that much to outsiders either.
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