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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 Feb 17, 2023 9:37am
195 Views
Post# 35291780

RE:RE:OTCQX :) vs Pinks :(

RE:RE:OTCQX :) vs Pinks :(Not concerned about end result (FDA approval).

As always, concerned that IF we need more $, that it will be done, once agaiin, at too low of a SP (ie. with unnecessary dilution)

A better US presence puts more eyeballs on the stock by a factor of maybe 25 X. 

And why not be in the market that the product will eventually be sold into, where the internatiaonl Golden seal of approval is being sought, and where the lions share of investable dollars are?

The 64k question, as always, is, does the BOD want eyeballs going into the end-game ?

Eyeballs = demand.   And It's a supply demand equation for shares.

MM
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