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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 Jun 06, 2023 5:33pm
125 Views
Post# 35483275

RE:Tree dwelling guy predicts 350% ROI !

RE:Tree dwelling guy predicts 350% ROI !

He never gave a timeline fiatchild...

that sole analyst rating Spectral as a buy is working for Paradigm... coincidentally where the CEO used to work and they cleared nice fees in the 30+M in financings for Spectral.

He used to have a 1year - $4 target that was never hit 2-3 years ago. Didn't pan out. Maybe this new lower one will, one day.

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