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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 Mar 04, 2024 11:33pm
170 Views
Post# 35914974

Anyone saw the number of times Baxter's guy mentioned

Anyone saw the number of times Baxter's guy mentioned
"maximize shareholder value" within that incredible word salad?

At least they try to seem like they are looking after their shareholders' interest.

I never heard or saw evidence of that from Spectral. The evidence of such a goal would have been seeing Spectral shop around for distributors. Nope. None of that. Not interested. We are happy with a cheap deal with only one entity. Telling the world how the trial is doing? MUST-NOT-DO! Cause our one and only love is Baxter, beautiful Baxter.

And Baxter themselves, who claim they are working for their own shareholders, are Dialcoing their kidney shop. Having your whole soda department privatized can take a lot of business off the poor backs of your shareholders. Funny how private entities don't mind at all taking the burden onto themselves. And besides, they surely have more know-how than Baxter to run that kind of business...

Next thing you'll hear is Vantive is buying out Infomed.

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