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Spectral Medical Inc T.EDT

Alternate Symbol(s):  EDTXF

Healthcare Biotechnology Medical Instruments & Supplies
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

Spectral Medical Inc > Low Share Price Because...
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Comment by BayStreetWildon Jun 13, 2023 11:28am
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Post# 35493726

RE:RE:RE:RE:RE:RE:RE:Low Share Price Because...

RE:RE:RE:RE:RE:RE:RE:Low Share Price Because...Is your thinking... they saw the company spent 20 years and  $ 100+ million to get to where they are today (having seen the entire dataset from the last trial) so they said.. oh we will give them $5 million but when they get to interim enrolment and spend another $ 40 million to get there... we will give them $ 20 million?
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