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Spectral Medical Inc T.EDT

Alternate Symbol(s):  EDTXF

Healthcare Biotechnology Medical Instruments & Supplies
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

Spectral Medical Inc > So what does exceeding expectations mean…
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Comment by Gorf79on Jul 29, 2022 10:32am
205 Views
Post# 34859874

RE:RE:RE:RE:RE:So what does exceeding expectations mean…

RE:RE:RE:RE:RE:So what does exceeding expectations mean… MM-

I hear your rationale. BUT I'm going to defer to Seto's comments at Benzinga and say that FDA approval of PMX is a near term catalyst...

Actually, it may not do anything to the SP but it will add billions in asset value!

I predict a Baxter takeout by Halloween.
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