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Voyageur Signs Letter of Intent with Large Multinational Pharmaceutical Company (click to learn more)
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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 > Curious
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Comment by mercedesmanon Jul 13, 2023 7:48am
188 Views
Post# 35538798

RE:RE:RE:RE:RE:RE:Curious

RE:RE:RE:RE:RE:RE:Curious

Nice start on your homework, but you only completed 25% of your assignment

D- 

Now discuss:
  • Time lost due to failed Phase 3 attempt in 2016 
  • Added difficulties in cracking the Sepsis case ( with no new treatments worldwide in the past 30-40 years) 
  • homogeneous populations in past RCTs (ie failures in patient selection/precision medicine)
  • 2.5 years lost due to Covid. 
MM 
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