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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 hmmmmmmmmon Sep 20, 2023 12:56pm
172 Views
Post# 35645640

RE:RE:RE:The elusive 90.

RE:RE:RE:The elusive 90.That is a brutal rumor/ speculation, and something no investor here really wants to consider.

Especially in light of how Dialco control diappeared overnight- triggered by a deadline that had not been disclosed by management. 

they are different situations, but it is naive to believe that these deals live in a vacuum with no timelines. What company would enter a deal like that? Would Toray or Baxter be so poorly represented that their deals have no timelines? no failure to perform? all carrot and no stick?

When Baxter included PMX and EAA in the presentation for their spinoff Vantive- they made a real claim to their sharehlders and possible investors. I imagine that they don't just ignore their commitments (like a some other companies I know).

"At the end of the day" this company needs to finish it's trial. They have been hopeless at it for so long- this all rests on the BOD and management...



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