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Spectral Medical Inc T.EDT

Alternate Symbol(s):  EDTXF

Healthcare Biotechnology Medical Instruments & Supplies
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

Spectral Medical Inc > No reverse split
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Comment by Stocktreeon May 24, 2024 1:23pm
145 Views
Post# 36056216

RE:RE:RE:RE:No reverse split

RE:RE:RE:RE:No reverse split
But that is not great for EDT shareholders, having the buyer influencing decisions on the buyout stategy/price...

This is heading down the Dialco direction...
"Glad you're taking this out of our hands and throwing it in a new private company. We sure hope you're going to send us a % of your profits one of these days"...
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