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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 Stocktreeon Oct 06, 2022 4:03pm
171 Views
Post# 35010471

RE:RE:I’m not good at math but there are lots of math guys

RE:RE:I’m not good at math but there are lots of math guysMaybe you are nervous about your bet in this company, but if you are so confident, why should you worry about negative posts and blow your head off using filthy juvenile language?

But you are also mistaken in using your argument that "one of their (Australia's) worst flu seasons is coming our way.
That is just and indication, per your dear Spectral Medical, that things will again slow down. And you can add to that flu slowdown the expected new wave of hospitalizations that Covid is expected to bring and fuigure we might well return to our very slow pandemic rate of enrollment.

The sample of 4 patients in 8 days could be incredibly encouraging, but they did not use that information out of nowhere. How about you take the 8 days prior to that? The result would most likely be 0 patients in 8 days, given the rate at which they have been enrolling.

There is absolutely nothing we have on record about Spectral's management that would be a good indication that we are heading for short-term (1 or 2 years) positive Tigris result that will translate into profits for retail shareholders. Management has always massively underperformed on clinical results. Never have they achieved interesting results for the retail shareholders, even when they have had some positive news.

And "positive" posters here have always been false in their predictions and guesses.
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