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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

Post by Stocktreeon Sep 13, 2023 11:10am
169 Views
Post# 35633791

All eyes are on Spectral Medical, as it issues

All eyes are on Spectral Medical, as it issues
a groundbreaking press release that has everyone gasping for more and their Stockhouse pumpers disagreeing whether the SP is in a better position at 20 or 40 cents. Next week might prove even better, when the company is expected to announce it still exists, amidst the speculation it could be bought at its current market price by a pharmaceutical giant, that seems to have no particular feelings for its retail shareholders. All this as some pretend entrepreneurs are raging that the famed investment bullboard is frequented by people who are not ready to put in the effort to praise the assests the company is so willing to let erode in the wind.
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