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.

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Spectral Medical Inc > Paradigm needs to update…

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Comment by mercedesmanon Jul 24, 2022 9:58pm

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Post# 34847079

RE:RE:Paradigm needs to update…

Ssob

Paradigm has issued at least two updates since then

they lowered the target price due to trial delays/ COVID, yada yada

I see the latest release as being out of step with recent positive announcements.

Ali can probably get you a little more current.

But Gorf is likely right. There is (1) the SP, (2) the reality, with the latest developments and LT prospects fully factored in, and (3) an out of step Analyst.

MM

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