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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 oilandgasmanon Sep 13, 2023 11:36am
137 Views
Post# 35633877

RE:All eyes are on Spectral Medical, as it issues

RE:All eyes are on Spectral Medical, as it issuesHonestly the only thing predictable about this company is the need to raise money yearly.
I’ve spoken to people in the company about the150 needed to finish this...I their view the150 was a gift and seems Seto agreed given the horrible  projections he's mindlessly throw in to the wind on trial enrollment.
 
You can't sugar coat this stuff the company hasn’t been honest / forthright or Seto is just an idiot who's mostly interested in keeping his job therefore he now spends a ton of time azz covering for past statements. 
 
Wasn’t long ago we were a pump company on the verge of a huge deal....anyone ever get clear on WTF happen with our game changing tech? investors i'm in with still have no clue.
 
 
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