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Spectral Medical Inc T.EDT

Alternate Symbol(s):  EDTXF

Healthcare Biotechnology Medical Instruments & Supplies
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

Spectral Medical Inc > PMX is worth 9 Bullion all day long!
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Comment by mercedesmanon Jul 15, 2022 10:31pm
166 Views
Post# 34828611

RE:RE:RE:RE:RE:PMX is worth 9 Bullion all day long!

RE:RE:RE:RE:RE:PMX is worth 9 Bullion all day long!

MMABStrader wrote:
"around $6" was a typo... meant to say $20 a share U.S. for both parts.

 

I think you are in the ball-park. 

gotta leave some upside for the buyer (s)

MM 

PS:
Core assumptions:
$200m+ EBITDA 
15-20 multiple 

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Dealroom for high-potential pre-IPO opportunities