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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 TechOneon Jul 22, 2022 4:02am
219 Views
Post# 34842332

RE:RE:RE:RE:RE:RE:Don't sell your shares!

RE:RE:RE:RE:RE:RE:Don't sell your shares!Thanks GAla.. 

Would not it be something if Spectral share price manage to do what Verde has done.?? We can use a 10-20 bagger.. 

However, we know Small BioTechs are notoriously hard to go the distance but for now Spectral has a lot going for it.. Dialco alone is worth a lot more then current marketcap of Spectral so I am hopeful eventually markets will give them their due..

I agree that management has diluted the capital base quite a bit but on the other hand, some of it has been beyond their control..  Launching Dialco with SAMI and DIMI was a life saver in turning the company's prospects should the PMX trial disappoint.. Hopefully not.. 

My cousing died 4 years ago due to Sepsis as well.. Rather young too, at 50+  I am sure every family has a story so even if limited in application, hopefully it will be save a lot of patients so beside looking for a winner as an investment, there are more valid reasons for cheering the company to deliver..

FWIW  
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