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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 Dec 13, 2022 10:39am
230 Views
Post# 35168352

Ha ha ha ha ha! Disappointed in Spectral Medical?

Ha ha ha ha ha! Disappointed in Spectral Medical?Sure didn't see that coming!

And the same dudes are here "complaining" of this "unexpected failure",
then they will be pumping for months and years to come over the steady hope of grabbing a still sizeable portion of a $150 million x billion x trillion market that no one else has their hands on.

At the same time, they will be "forgetting" EDT is not advancing as speculated with their patient enrollment with the PMX trial.

Then they will start losing patience with their superstar CMO and...

one day, a company will just buy the PMX rights at a "scandalous" $0.61 price, while management will be proud of the positive turnout because the SP will have remained below the $0.40 mark for an eternity.

But I am just bashing to buy more of this great stock.

Tick tock... Rev is knocking on our door with his usual "great opportunity to buy while nothing is going our way" cuz I hope to sell when some dudes make it climb up to $0.45 cents on some flimsy info from the company.
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