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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 mercedesmanon Sep 12, 2023 9:21pm
147 Views
Post# 35632906

RE:Spectral’s Friends

RE:Spectral’s Friends

A few comments in response to your post...

1. There are fewer negative posters than you think there are. It's kinda like brand proliferation - the more you fill the shelves with related product, the more likely that a passerby will buy ( ie not buy) what they're selling. 

2. I have asked myself many times why Spectral Mgt. and by extension the BOD appears to care little about shareholder sentiment and therefor the ST share price. When I search for possible/logical reasons for that, it causes me to become both slightly aggravated, BUT definitely more bullish. 

3. Could it be the FUD worker(s) and Mgt are (oddly somehow, or by design) on the same page? 


"Nothing to see here" ( at least that's what everyone is selling) But as you so adroitly point out, it does not appear to the sentiment of :

- 3 of the worlds top opinion leaders 
- 20 or so of the USA's top research hospitals 
- a multi-billion dollar distributor seeking a flagship product for the Kidney Care and Sepsis markets 
- Toray another multi-billion dollar Company that has invested 1/4 century into the PMX product 
- The FDA seeking for a long overdue and innovative product to address a leading ICU killer  - preferably a guided, precision medicine product. 


MM 

 

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