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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 hmmmmmmmmon Mar 06, 2023 11:32am
171 Views
Post# 35321407

RE:Update on Dialco Deal with Infomed?

RE:Update on Dialco Deal with Infomed?
Spectral clearly does not care what you think.
 

Management lost control of DIMI and SAMI- products that the company not only raised money on for years- but they also spent millions of shareholder’s money on for years.

 

That is clear and to claim that the loss is not a material change to the company is duplicitous at best.

 

Management wants to avoid all responsibility for that failure. The truth must be ugly.

 

Without respect for their shareholders I’m sure we will see them continue to deny any need to inform their shareholders, and withhold any real information in future updates.

 

 

Spectral lost control of DIMI and SAMI- products that the company not only raised money on for years- but they also spent millions of shareholder’s money on for years.

 

That is clear and to claim that the loss is not a material change to the company is duplicitous at best.

 

Management clearly wants to avoid any responsibility for that failure.

 

Without respect for their shareholders I’m sure we will see them continue to deny any need to inform their shareholders and withhold any real information in future updates.

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