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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 22, 2022 7:34am
274 Views
Post# 34842444

Spectral is A Commercial Company!

Spectral is A Commercial Company!I'm not sure why but some longs are even hedging on Spectral's apparent speculative Status.

Maybe they missed the news of a few weeks ago where Spectral landed the Dialysis partner deal for ARC Dialysis. The largest dialysis provider in the South Eastern US.

That deal alone is what, 4-5 times the current market cap, maybe 8-10 times. And that was Dialco's first deal with dozens more to come.

You can speculate on the brutally obvious FDA approval of PMX, but it ain't a spec stock anymore.

Spectral, or their wholly owned Dialco division more specifically, is commercialized and poised to dominate the in hospital/clinic dialysis market across North America...
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