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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 BlueJays9293on May 31, 2024 11:25am
141 Views
Post# 36066325

RE:Well hush my mouth …

RE:Well hush my mouth …Nice find on the warrant exercise MM.  Second increase in the analyst price traget in the last two months even though they are using ultra conservative inputs.  Just the price per cartridge alone is way too low in my opinion, expecially considering it's the same price assumption that was being used way back when the Euphrates Trial was running.  And we all know the world is a much different place now then it was back then.  Cheers.
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