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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 MacAdociouson Feb 23, 2024 1:45pm
151 Views
Post# 35896079

Baxter Bullboard

Baxter Bullboardhad two posts. After today's stock price gut-punch, I did some light-duty DD on Baxter, to get some Big Picture perspective from their SH's perspective. They have a lot of irons in the fire, and Spectral does not seem to feature very prominently, 'being a penny-stock on the TSX'. Given that their stock has gone up $11 since last November, the optimist in me wants to believe that the prospect of Baxter being able to add a therapy to their roster that will save tens of thousands of lives every year would spark a little excitement here in the States. Not planning on giving up one dime of Spectral, in the mean time. 
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