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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 Accountprinceon Jul 20, 2024 10:37am
159 Views
Post# 36141117

RE:RE:RE:Made a top ten list!!!!

RE:RE:RE:Made a top ten list!!!!Thanks for the backup which I have checked against a legitimate site and your more recent post is accurate with Dr Walker selling 100,000 shares on July 16.  The original post you had looked homemade and had 100,000,000 shares of Spectral Medical in question.  As that is over 25% of total outstanding shares it looked absolutely contrived.  And received a response that was appropriate.

Dr Walker has sold 100,000 of the shares he has after recently acquiring 200,000 shares through an option exercise.  Although that is not a huge amount in the context of what he owns it does beg the question why he's selling at $0.49 per share.  I have no idea but perhaps others here can shed some light.
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