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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

Post by Stocktreeon Feb 23, 2024 10:07am
150 Views
Post# 35895419

Yes, the truth is starting to come out.

Yes, the truth is starting to come out.
Gradually and so smoothly, the pumpers' tune will change to: "Spectral was the best vehicle to complete the trial, but now Vantive is where it's at". They are not there yet, but "$ 1.60 is a bit conservative" is the new basis for their communication strategy.

Spectral is no longer a potentiel 6-16 dollar stock that was promoted here for years until recently.

There are only 2 likely outcomes for Spectral.

1 - The trial is a success, but whatever independant value Spectral has (rights holder with no production or distribution capacity) is swallowed before it gets the chance to pop on the stock market ("but hey, we got from 30 cents to 75 cents, you can't complain").

2 - The trial is not that successful or has limited real world applicability, and, well...
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