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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

Post by PezDalatoYouon Apr 21, 2023 11:10pm
515 Views
Post# 35408437

Dr. Kellum

Dr. KellumWhile I think he hasn't delivered as expected since his initial hiring two years ago I think it is very significant that he's sticking around.

I did set my mental timer for two years, two years and two months ago, expecting the big breakout during that time so I'm disappointed in what seems to be a lot of wasted time. But if Spectral is a dud, Kellum for sure would move on to something else. There is no reason to hang around the shabby office of a junior Canadian company with dwindling prospects. Surely there is something more lucrative for him somewhere else.

Unless he's anticipating his big payoff too... 
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