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 > Curious

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Comment by mercedesmanon Jul 12, 2023 12:51pm

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Post# 35537692

RE:RE:RE:Curious

Take a look at the average time to bring a drug/device to market in a US based, 28-day mortality RCT, when there has been at least one "failed" attempt.

Add in the complexity of solving Sepsis (versus other afflictions) and the only now emerging trend of personalized medicine, and companion diagnostics.

Maybe you should stick to something like pot-stocks...especially since you obviously like to try out the product for 20+ years before investing.

MM

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