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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 Gorf79on Jul 16, 2022 11:30pm
405 Views
Post# 34829554

Why deal with a tiny West Mall company…

Why deal with a tiny West Mall company…

..... with 32 employees when you can deal with Baxter, Da Vita or Braun?

They must have had an incredibly compelling technology package to win this deal after deliberations from the buying group at Florida's  largest dialysis provider  ARC.

It's no accident this 32 person company Spectral beat out multi  billion dollar competitors to do so.

Yeah they must be selling  some damn fine dialysis machines to lock up that deal.

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