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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 mercedesmanon Jun 30, 2022 11:44am
224 Views
Post# 34794004

Much ado about nada?

Much ado about nada?1.  I didn't see any insider trades consumated, other than Walker's (prudent?) sale of a handful of his shares into the two day run-up.  I say prudent cuz that's what I did. In the process of buying them back now.

2. Phony orders are put in all the time, and removed just as fast.  Standard practice for market makers.

3. the OSC is as toothless as a new born, zombie from the Ozarks.  They can't seem to keep up with real insider trades, let alone "would-be" ones.


Seto needs to focus on consumating an equity (or other liquidity providing) deal with a key future "partner" or "participant".

MM
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