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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 mercedesmanon Jun 06, 2023 3:55pm
240 Views
Post# 35483109

Tree dwelling guy predicts 350% ROI !

Tree dwelling guy predicts 350% ROI !One dollar target !

350% return off today's low !

Presumably 9 to 18 months (depending on Interim Data Review, FDA, and Pace of enrollment) !

Given his bad experience, understandly he's being a bit more conservative than the sole Analyst that is predicting a 575% return, with 100% certainty of FDA approval.

Though the analyst took only the conservative EBITDA target revenues (number of possible patients)
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