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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 4:58pm
198 Views
Post# 34832685

RE:RE:RE:RE:RE:RE:RE:RE:Don’t ignore the Bashers…

RE:RE:RE:RE:RE:RE:RE:RE:Don’t ignore the Bashers…Don't get me wrong Gorf, I place the probablity of success at MUCH higher than 50%...


...mainly because, as you say, they pretty much tick (as you point out) all the boxes of BTD

...but also becasue Baxter is involved, and ...

...also because under Tigris,  they are "greatly exceeding expectations", and also 

...because ther have been more than 200,000 safe uses , and also because

...the world's leading KOL's are all behind HP, and because

...there is an accompanying FDA approved companion diagnostic (in the EAA) , and its now all about Precision Medicine.

..and becasue they got almost unheard of breaks for the "confirmatory Trial" (2:1, Bayesian, Open Label, etc.)

..and becasue they know exactly where it is most effective (from trials 1 to 3, as well as from other Meta Analyses)



I may not be at 100% as you are, but it's alot closer to that for me now.  And of course they have the "other" trick pony, banging at the stall wall to get out (where FDA approval of DIMI for home use, is described as a "when, not if" event - by the CEO).

So the "gap" is beyond ridiculous IMHO.

MM
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