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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 03, 2024 8:29am
152 Views
Post# 35860966

RE:RE:RE:RE:SP Moving in Chunks Today!

RE:RE:RE:RE:SP Moving in Chunks Today!

Spamme 
your post proves that you are either very dense or a FUD-slinger plant. 

Spectral/PMX is targeting a specific subset of Sepsis = Endotoxemic Septic Shock (ESS)   Per multiple presentations this =140,000 patients annually. = $ 2 Billion USD*  annual addressable market.

JK has explained multiple times why the Trial parameters are set up in such a way that it is difficult to find and get consent on the exact right group. 

In the real world with FDA approval and PMX being the new SoC, landing a high portion of this subgroup will be much easier . And the addressable target may even expand depending on Bayesian analysis, EDEN studies, other real world studies, Euohas2, cautious doctors, etc etc 


* with conservative pricing, US market only, old Sepsis stats, narrowish label, etc. 

MM 


 

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