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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 Stocktreeon Oct 17, 2022 4:07pm
229 Views
Post# 35029873

A fun criteria for disclosure might be:

A fun criteria for disclosure might be:
If the information is so "material" you might not want to disclose it, it is sufficiently "material" for its disclosure to be required.

Why would a potential partner of EDT not want the content of discussions to be public?
So other companies which might be interested cannot offer more favorable terms.

Why would a company's management team (EDT) not disclose its discussions with a potential partner? To not get the better deal...? So why would that management team shy away from the prospect of a better deal? Maybe members of that team or some entity having control over them are looking for some more "direct" sugar to sweeten the deal.

There are always interests around that do not care for a fair market. It also happens that those interests carry more weight than our institutions.
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