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 > Can you imagine

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Comment by hmmmmmmmmon Jan 24, 2023 1:49pm

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Post# 35242797

RE:RE:RE:Can you imagine

Yeah, pulling out the old trope that- things will be better after options are announced- shows how lost you are on this company.

Things will not get better until they can enroll 7 to 10 times as many patients as they have been doing for the past 3 years. Covid and post Covid.

This Management has show zero ability to increase the numbers.

Covid pressure on hospitals went away- nope, addition of SOFA score- nope, historic flu season- nope, added sites- nope.

Still at 1 patient per month as of the last update.

Management has had 10 Covid clear months to show they could hit the "worst case" numbers. Not even close.

Where is the BOD?

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