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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 mercedesmanon Feb 02, 2024 5:14pm
176 Views
Post# 35860472

RE:SP Moving in Chunks Today!

RE:SP Moving in Chunks Today!

Most of the action occured in the last half hour. 

A good sign. 

St probably crying in his beer that he didn't average down in the mid to high .20's or low .30's 

But it's probably still not too late for him as we edge closer to some pretty big catalysts. 

I expect volume to increase as 2024 events start to unfold, I also expect enrolment to accelerate as the number of on-boarded sites increase and as the trial gets closer to completion. 

It's all good !

MM 

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