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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Comment by mercedesmanon Oct 25, 2023 10:04pm

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Post# 35701368

RE:RE:RE:RE:RE:RE:Question

Thx Med...trader

I was curious how much news flow on Spectral makes it there and the likelihood that an average investor might stumble upon it.

It's a difficult stock to do your DD on , not to mention the mercurial nature of Sepsis itself and the difficulty in pinning down a solution particularly using a traditional 28-day mortality RCT to do so.

MM

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