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.

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Spectral Medical Inc > this reminds me of BIOMS

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Comment by PezDalatoYouon Jan 17, 2023 10:59am

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RE:this reminds me of BIOMS

Dirucotide failed the critical phase three trial and the whole thing collapsed. The leftover scraps from the single large Eli Lily payment were distributed which is how I got into Spectral in the first place. As far as we know, Spectral's ongoing trial is 'exceeding expectations'. Insiders bought in big on November. How are they similar?

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