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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 Revtenon Aug 18, 2022 7:05am
190 Views
Post# 34904071

RE:RE:Young Broker

RE:RE:Young Broker

Bagelboy in my opinion 30 cents might be a real Long Shot! Don't think we see that level Ever Again in light of the recent News with ARC and The US Vetrans.
IMHO this current Share Price Level is a STEAL and with all that is in the works with DIALCO and The Tigress Trial we won't be staying at these levels for very long!
There is concern with the last quarter results that the Company will need more funds. Of course they will need more funds to complete the Trials etc... but we are just about ready to cross the finish line over the next 12 months and funds can come in from alternate sources other than an Offering when it is in the late stages of completion as we are along with starting to Ink Some Deals like we just did!

I say we get a Postive Surprise Injection Of Funds and the Share Price Runs NORTH sooner rather than later!

I have added in the last few days and will continue to do so should price continue to hang out at this .40 level. I can't think of a better place to invest right now where a 10 Bagger is pretty much a NO BRAINER!

Good Luck To All!

Still REVED And Looking Up!

 

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