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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 BayStreetWildon Apr 13, 2023 8:45am
166 Views
Post# 35392537

RE:RE:RE:UPdate

RE:RE:RE:UPdateIn the short run, I would think much lower. I'm surprised they haven't rolled it back 10:1 yet and just kept it hanging over the stock for years now. Going to be really difficult to raise money going forward I would think. Very possible you could see single digits, but what do I know. Truth be told, I don't care. I just come here to confirm I made the right decision. So far, I'm on a rocket ship. (Pat myself on the back) 
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