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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 Aug 03, 2022 8:41am
282 Views
Post# 34867589

For all but the 28 tapped out retail holders…

For all but the 28 tapped out retail holders…... The FDA's Granting of a Breakthrough Designation is largely overlooked and long forgotten!

Sadly, few can comprehend what it portends and far fewer still know that Spectral has been granted BTD. Of course it is a massive nod to imminent FDA approval for Spectral/Baxter's PMX Sepsis therapy, yet the clueless remain so.

With Spectral being Spectral I wouldn't expect it any other way...
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