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.

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Spectral Medical Inc > not moving for a while

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Comment by hmmmmmmmmon Apr 28, 2023 12:00pm

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RE:not moving for a while

We will see new recruitment numbers at the Anual Meeting in June. I'm expecting more of the same in the 1- 2 per month range- along with their typical heaping piles of excuses, and their famous pie in the sky reasons for why their future performance is going to be radically different than their years of past performances..

I would say Seto and Kellum are fighting to prove they can do their job and are worth their salleries- ANOTHER PSU pocket stuffing will just accelerate the downward slide.. I imagine the BOD knows this and it's why the anual free for all option season has been conspicuously quiet this year..

Not to say that they haven't stuffed their pockets and decided it's "Not Material".

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