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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 Quackeron Aug 17, 2022 10:27am
261 Views
Post# 34901914

Young Broker

Young BrokerMust be a young broker to recommend this stock unless you are a sophisticated investor or has checked with his boss to see if he can recommend stock. Now I have recommended this to some friends years back with the understanding that it is a risky investment and make sure you are well diversified. My partner went into this after seeing it in my portfolio. Went into this when I saw who was running this company (Dr. Walker) and reason (sepsis).Have purchased more when Dr. Kellum came on board, but scratching my head why they brought on Mr. Seto but I know they must of had a compelling reason(s). I believe the BOD knows they have a fiduciary duty to the shareholders as well as the company. Let's see how Management can bring home this baby. If they can help one or more patients recover from sepsis than I am satisfied in the monies I have invested. It may be one of our/your love ones.
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