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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

Comment by Stocktreeon May 21, 2024 4:06pm
151 Views
Post# 36050672

RE:RE:The BS pumpers have returned, which is not good news

RE:RE:The BS pumpers have returned, which is not good news
The likes of you have been here predicting an explosion in SP at every possible and imaginary "milestone", including the approval of EDT's dialysis apparatus and the interim data announcement and no real world investment has translated into a serious move in the SP, except for scooping it back up from its yearly low point.

And the zillion of times you guys have predicted this would sore within the year have always been backed up by the same "work", which sounds all good, but is most likely going to finish as a dud, as this is mostly played behind closed doors, and never to the benefit of retail shareholders.

When you will have explained to me how we went from "the DIMI pump alone is worth $5 to $8 a share" to us (all backed with very interesting market "data") to, ah well, it wasn't important in the end...
you will have my ear. Until then, I am very entitled to predict that this company's assets, if worth something, will be sourced out in an "incredibly hard to imagine way".

Look at its history, and make your own conclusions.
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