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.

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Spectral Medical Inc > $$$ US market Opportunity $$$

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Comment by hmmmmmmmmon Sep 14, 2023 2:13pm

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Post# 35636604

RE:RE:RE:RE:$$$ US market Opportunity $$$

Does anyone else find it odd that MM loves to string ou this evaluations- but somehow always forgets to mention that 40- 50% of future revenue has already been signed away to Baxter...

How does he always forget about that 50%?

And what was the 50% signed away for? From where I'm sitting- it looks like something in the 15mill neighborhood... odd deal for Spectral to make if it's worth 4 Billion. Especially as they are constantly starved and begging for cash..

logic is useful.

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