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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 Jun 07, 2024 10:32pm
149 Views
Post# 36078876

RE:old enough to remember

RE:old enough to remember

You're so far out to lunch with that post that I'm almost  emarassed for you. 

Early buyout upon the formation of Vantive post 90 was ( and still is )  only a possibility !

Failing that, top line release becomes another key date to watch in terms of long overdue shareholder ROI. 

Great insights gained today, but I'm not inclined to share my thoughts here with the usual gaggle of yahoos milling about. 

Stick with your usual grumblings. Pick from your favourite topics. Let me help you : a slow enrolment month of May, 18 -24 months until FDA's final final ruling after last patient enrolled, maxing out at only 23 sites with 42 patients left ti enroll, technical glitches at AGM . Be sure Ignore the magnitude of the opportunity in front of you and dissuade all comers with your incessant whining. 


I'll stick with the things I like about Spectral such as:
strengthening bench, exceeding expectations, lack of market alternatives, importance of diagnostics combined with treatments ( precision medicine) , exclusivity guarantee, key distribution partnerships with financial support, obscene EBITDA multiples for similar/successful companies , mounting real world evidence beyond just ESS, the inevitable denouement moment that will arrive 

I remain Long and strong ( hopeful and patient) 
 


MM 

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