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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

Post by mercedesmanon Aug 10, 2024 9:24am
180 Views
Post# 36172671

Such an important reminder …

Such an important reminder …

...to investors and for newbies ...

https://stockhouse.com/news/press-releases/2023/04/18/spectral-medical-announces-positive-results-of-euphas-2-clinical-trial


Essentially they reported very positive results from the Euphas 2 study ( using PMX and Spectral's EAA)  They reported a 28-day mortality of just 36% with the treated patients ( total of 50) versus a predicted 75% mortality utilizing the widely accepted SAPS II mortality estimation tool. This represents a more than 50% estimated relative mortality reduction with the use of PMX ! The patient population of the Euphas 2 study aligns with the patient population of the Tigris Trial. 

24 to go to complete Tigris lately averaging 9 new patients per month across 23 sites in the US. 

Do you think Baxter ( Vantive) and any tire kicking PE Firms are not closely monitoring the progress on a potential annual $2B+ USD FDA approved,  pioneering treatment for Sepsis? 


MM 
 

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