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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 > WSJ Article - courtesy MSN.COM
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Comment by gebremeskelon Jul 05, 2024 5:56pm
177 Views
Post# 36120603

RE:RE:WSJ Article - courtesy MSN.COM

RE:RE:WSJ Article - courtesy MSN.COMI chanced upon this May 31 post from anonymous on a forum at cafepharma.com I don't know how much credence to lend it.

Vantive Disaster

anonymous   May 31, 2024 at 08:31: AM
 
So rumour of the week Private Equity are low balling for Vantive, Bax share price falling every day
 
vantive has no profit, HD is a massive sink hole , Acute profitable but so small
 
What a disaster the longer this goes the lower the price.....Joe you have made so many mistakes the next time you give me a lecture im going to inform you of the BILLIONS you have lost thru terrible strategic decisions....
 
TechOne wrote: $ 4 Billion + Debt ?  Not sure what are the numbers for Debt but seems like 1 time Revenue is pricing Vantive cheap ?  

Not exactly reassuring IMHO.. 


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