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.

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Spectral Medical Inc > Made a top ten list!!!!

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Comment by mercedesmanon Jul 20, 2024 5:18pm

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Post# 36141393

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

Thx Tech1

I was too lazy to dig out the numbers.

Total direct and indirect owned by Walker
= 4.866M shares.

100k sold represents about 2% of his total position

If it ultimately goes to $3.50 CAD/sh on FDA approval/buyout, he generates only $16,681,000 in total proceeds vs $17,031,000 ( had he kept the extra 100k )

The poor guy has been waiting a quarter century to cash in. He deserves to spend $49k on that spa-like bathroom reno, or that fancy hot tub with a pergola sunshade for the backyard, or that upgraded boat house with a water slide at the cottage.

MM