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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 mercedesmanon Jan 24, 2023 9:57pm
157 Views
Post# 35243963

RE:RE:Great ... I think...

RE:RE:Great ... I think...

"History says you'd be paying too much @.31...

...Hold your pennies cool guy McShill ,odds are you get a better price."o&g


What and break my cardinal rule of investing? ...

ie always average down when buying an unadvertised, off-the-radar small Cdn Biotech company that,  once FDA approved, will be worth well in excess of $1 Billion USD ...especially while it's MC is trading at under $89M CAD !

But don't you worry, I'll keep some powder dry in case the charade works better than anticipated.

Shades of I think spring 2016, and that other infamous FF event just prior to the major run up. 

MM 



 

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