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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 Jul 11, 2022 2:35pm
159 Views
Post# 34815810

RE:RE:Volume much higher than it appears.

RE:RE:Volume much higher than it appears.AP.

I have always said that Mgt. seems to prefer to hand out puzzle peices, sparingly, for assembly in a very dimly lit room.  But hand them out they do (sort of, when they must)

The gas lighting (e.g on SH) only adds to the difficulty of assembly.

And one barely has an idea of what the final puzzle picture is supposed to look like, when there is  very little reachout/IR/PR - especially stateside (where by the way the technologies that they are putting the final touches to, will ultimately be used for teh most part).   By reading SEDAR and the presentations carefully, you can kinda make out a very dim outline of what the final puzzle, fully assembled, is supposed to look like.

Almost zero new investors feel like doing that.

Nevertheless a key new peice was provided today.  I like to think this piece also improves the probablity of ultimiate success (ie. reduces the discount factor from various valuation attempts)

MM
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