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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 mercedesmanon May 31, 2024 12:00pm
163 Views
Post# 36066425

RE:RE:Well hush my mouth …

RE:RE:Well hush my mouth …

Yes I agree

its not like they can get away with shrinking the size of the cartridge while holding the price the same ( as with bags of chips and cereal boxes aka shrinkflation) 

Paradigm seems to be very conservative with the size of the target population as well ( relative to Spectrals most recent prezzie) 

At least P is acknowledging reduced dilution resulting from the latest financing. 


MM 

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