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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 16, 2022 3:04pm
211 Views
Post# 34829228

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

RE:RE:RE:RE:RE:RE:RE:PMX is worth 9 Bullion all day long!
Gorf79 wrote: Your core assumption, in revenue not multiple, is light by a factor of 2 MM.

JMHO


thats the big question 

to what extent will an acquirer pay-up for that which, at least on the surface, seems unproven so far? 

things like :
  • More columns for 50% of patients
  • value associated with worldwide rights to EAA
  • potential expanded use due to Covid ( endotoxin translocation) 
  • abilry to change more because of a better than expected mortality benefit
  • etc,etc. 

perhaps in time these-revenue expanders will be proven ( eg EDEN study, Tigris " exceeding expectations", other RWE, etc) 

In which case the valuation should move up as things progress.


MM 
 

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