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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 Accountprinceon Apr 03, 2024 6:26am
253 Views
Post# 35966909

Bihl Out

Bihl OutLooks like he doesn't want to continue his version of the game at Spectral.  He only got 56% last AGM and perhaps doesn't like his chances?  Curious that only Seto commented on his departure.  You'll recall that Seto was one of the other 56% directors last AGM.  Anyway Walker takes over as Chair.

Must be an interesting story behind the scenes.  One doesn't just leave voluntarily after 16 years when the company is on the verge of success.  Stay tuned as this could get interesting.  I love the business and fundamentals as everyone knows.  I have not been happy with the governance.  Let's see if they now make us happy or not.  June AGM.
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