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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 12, 2022 8:13am
145 Views
Post# 34817354

RE:RE:RE:A must watch PMX presentation by Dr. Kellum

RE:RE:RE:A must watch PMX presentation by Dr. KellumRe upward valuation

The problem is there is currently no statistical basis for quantifying the revenue potential for these groups mentioned in Italy ( and here many times) 
  • Endotoxemuc, non culturable bacteria
  • Covid patients suffering from gut dysbiosis and endotoxemia 
  • >.9 EAA patients that are effectively " under dosed" within current restrictive RCT parameters

Yet

my suspicion is that the buyer of PMX Rights for NA , knows that they are potentially very lucrative paths to pursue with add on studies once PMX is approved. If prospective buyers don't, they should. 

perhaps EDEN is designed to shed some light on one or more of these areas of opportunity. 

Collectively, I would say that they have the potential to double PMX revenues in the future. But that's just my guess. 


MM 

 

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