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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 18, 2022 3:27pm
183 Views
Post# 34832342

RE:RE:Paradigm prognostications

RE:RE:Paradigm prognosticationsI agree

But it would be nice if the SP reflected more than 1/50th of the true underlying value of the assets.

And if the Analyst target price reflected more than 1/10th of the true underlying value of the assets.

Especially if they are not quite done with raising money, giving away value to "others", and taking sweeteners for themselves, every time that they do.


With any luck they have figured out how to be done with dilution, and inevitably the valuation gap closes (either steadily and gradually or all at once)

Two pawns are advancing, and will be queened.  That should pretty much secure the Checkmate.

MM
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