Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.

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 mercedesmanon Aug 13, 2024 12:57pm
182 Views
Post# 36176814

RE:Next...

RE:Next...

Hey g

While that's certainly possible, it's likely going to be kept under wraps. Not Spectral's style to talk about any ongoing negotiations. 

The other thing to think about is whether any potential suitor would be looking for any kind of uncertainty discount. If too high, then it may behoove Spectral to wait it out in order to maximize shareholder value . 

discount milestones?

  • Completion of enrolment ( Oct-Dec, 2024)
  • release of top line data ( Feb to April? 2025)
  • final FDA ruling ( mid 2025?) 

Given the open label nature of the Trial, I'm sure that any potential suitors capable of doing their homework could be convinced to sharpen their pencil and make a fair move without 100% certainty. 


MM 
 

<< Previous
Bullboard Posts
Next >>