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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 Accountprinceon May 12, 2023 3:10pm
147 Views
Post# 35446087

RE:RE:RE:Financing

RE:RE:RE:Financinghmmmmmmm...your desire for an answer on the basis of how Seto was compensated is a fair question.  However, nobody here knows how it was determined and to my knowledge none of us were consulted on this topic.  Compensation for management is determined by the BOD and is the responsibility fo the compensation committee which is a subset of the Board.

I'd also love to know how they arrived at Seto's compensation and if that number includes the kitchen sink or not.  If you go to the appropriate channels (BOD) we'd all love to hear the answer.  The upcoming AGM will be a virtual format and based on the last copuple of them not all questions will be accepted and/or answered.  But kindly let us know how you make out going directly.
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