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Voyageur Signs Letter of Intent with Large Multinational Pharmaceutical Company (click to learn more)
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Spectral Medical Inc T.EDT

Alternate Symbol(s):  EDTXF

Healthcare Biotechnology Medical Instruments & Supplies
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

Spectral Medical Inc > Highly likely to succeed !!
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•••
Comment by mercedesmanon Jan 21, 2024 4:05pm
226 Views
Post# 35838102

RE:RE:Highly likely to succeed !!

RE:RE:Highly likely to succeed !!

 

Yes frustrating. !

Likely, if this was better known in the US ( vs incubating quietly in Canada) it would be trading $1.25 to $2.00.

Nevertheless, it should  get a nice boost with an expected  secondary show of confidence from Baxter -  shortly - likely in the next few months or so. 


MM 

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