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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 Jun 17, 2024 11:30am
192 Views
Post# 36092128

RE:RE:As I have said before, yes,

RE:RE:As I have said before, yes,So your conspiracy theory is that a multi-billion dollar company in Toray, a multi-billion dollar money managing firm in Birch Hill, a multi-billion dollar healthcare company in Baxter, and all of Spectral's executives and board of directors are having secret meetings to break the law??? 

I'm sorry but that's not how it works in North America, in fact that's one of the main reasons why Corporate Proxy Rules are so robust.  Even if they could get all of those giant entities to unite and ruin their reputations in the process, they still wouldn't have enough votes to win a Proxy Vote.  But I'm certain you already knew all of this. 


Here's just on example of the thousands of regulations that corporations have to follow in a takeover/proxy.  Your secret meetings behind our back's theory is pure and utter nonsense.

"Even at this preliminary stage, a potential acquirer will need to keep a record of its contacts and discussions with the target company. If the parties reach agreement for an acquisition of the target company, the disclosure document prepared for the target company's shareholders – a definitive proxy statement for a long-form merger or an offer to purchase for a tender offer – will include a detailed discussion of past contracts, transactions or negotiations between the target company (and its affiliates) and the acquirer or their respective representatives, generally including the nature of the contact, e.g., a meeting, letter, or telephone conversation, the principal participants and the substance of the contact. This disclosure is usually presented in the target company's proxy statement or the acquirer's offer to purchase under an appropriate heading, such as "Background of the Merger."  

Global Public M&A Regulations
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