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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 Revtenon Nov 14, 2023 3:03pm
268 Views
Post# 35735126

RE:RE:RE:Potential Outcomes at 76 patients - wow !

RE:RE:RE:Potential Outcomes at 76 patients - wow !I have reviewed MM's projected calculations based on real world numbers his calculations are actually conservative (the multiples on earnings is very conservative as opposed to medical device company comparables) and I agree with AccountPrince in that I would not take anything less than $4:00 a share based on an early buyout of Spectral after the 90 patient data is reviewed by Baxter and the FDA.
I would then hold a large portion of my significant ownership until we reach a true value which I agree with MM to be closer to $9.00 or $10 a share. 
I would remind everyone that this will likely be the new standard of care in all ICUs across North America. And Baxter knows it!

GLTA

Rev
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