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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 gebremeskelon Feb 23, 2024 3:21pm
153 Views
Post# 35896340

February 2024 Investor Update Presentation

February 2024 Investor Update Presentationhttps://spectraldx.com/wp-content/uploads/2024/02/spectral-medical-investor-Feb2024.pdf

From page 17
 
Upcoming Catalysts
 
• Achieved Tigris interim 90 patient enrollment - Baxter paid milestone payment #2 (~Feb/24)
• Baxter's 'Vantiv' spin-off...EDT’s distribution agreement to transfer to ‘Vantive’ spin-off
• Tigris last patient enrollment (“LPE”) - 150 patients (~Q4/24)
• Tigris topline results (LPE + 60 days)
• PMX FDA submission (~Q2/25)
• PMX FDA approval / Baxter milestone payment #3 (H2/25)
• Commence PMX commercialization (late 2025/early 2026)
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