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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 Accountprinceon Aug 08, 2022 2:36pm
242 Views
Post# 34879498

RE:RE:Size & share of the US Dialysis market ?

RE:RE:Size & share of the US Dialysis market ?MM - Thanks for all the work to value Dialco for us.  I think any of the real shareholders here would applaud your work and agree with your conservative valuation of Dialco at $8.67 per Spectral share.  In many ways I think it's a relatively conservative approach and certainly beyond reproach.

Given that PMX/EAA are not included in that value it's not hard to reach a valuation for Spectral approaching $20 per share currently.  Dialco approval is a "when not if"  while Tigris results ("greatly exceeding expectations") and the Breakthrough Designation cement its value as real and large.  Completion of the trial should continue the same results as what's been done to date gives the results so far statistical significance.  So $11ish per share for the PMX/EAA segment seems reasonable.

And I agree with Hmmmmmm - whoever is at the Dialco negotiating table will want to wrap up the deal before a wider group of buyers show up with their chequebooks in hand.
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