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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 Accountprinceon Aug 25, 2023 2:25pm
266 Views
Post# 35605786

RE:Technical Breakout ?

RE:Technical Breakout ?MM - very interesting movements.  All of a sudden we go from a normal volume of a few thousand shares a day to hundreds of thousands of shares a day.  And the share price which was stuck (kept?) at about $0.30 a share is now about $0.40 a share - up by 33% in a week.

Dare I say that something may be up?  Glad we all loaded our wagons with provisions in the good old days in the .20's as you say.  Perhaps just inflation due to supply chain issues?  Investors bored and having fun in the last sleepy days of summer?  People across the border waking up to the story and realizing the biggest bargain in a while still available at rock bottom prices....?  
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