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

Spectral Medical Inc > SP

<< Previous

Bullboard Posts

Next >>

Comment by Gorf79on Aug 13, 2022 7:36am

191 Views

Post# 34893695

RE:RE:RE:SP

Agreed Rev,

The now 36 retailers get it. Some new shareholders may not. Those who are negative and faux nervous don't own shares and are here for more insidious reasons.

The logic is simple.

The inherent greed that drives Spectral is not in its share price today, or really at any point in the past 20 years. The greed is is acquiring shares . Insiders care nothing of the day to day share price. The value of Spectral is in the ultimate selling price of the two divisions, or the whole operation.

The financials mean nothing. Revenues to date mean less, as do year over year numbers.

I'm also with you in that I think/hope the new CFO was hired for his creativity and will find an alternative source of funding that does not further dilute.