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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 Gorf79on Jul 24, 2022 11:47am
171 Views
Post# 34846281

RE:RE:RE:MM- At $20.00 per share you are still a bit Light!

RE:RE:RE:MM- At $20.00 per share you are still a bit Light!My guess is BIG SQUARED!

Seto is not an idiot. He and the CFO know the revenue opportunity for PMX and Dialco and what the true NPV looks like. They care about the daily share price gyrations less than I do...

MM and I aren't the only ones to invest some time into the market and share price analysis.

Everyday from here on out adds 20, 80 maybe 100 million to the takeout prices.

Like everyone I'd prefer a takeout of one or both sooner than later, but I'm OK with that takeout price going up a couple $100,000,000 a week.

I can wait...


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