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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 gebremeskelon Aug 16, 2024 11:18am
141 Views
Post# 36182636

RE:RE:RE:RE:RE:TODAY’S NUMBERS

RE:RE:RE:RE:RE:TODAY’S NUMBERSA perfect summary. I only wish my shallow pockets permitted me to acquire more shares.However, I am confident I will benefit no less than the big dogs to a degree proportionate to my station. It amazes me that this stock is just hanging out there like a perfectly ripe fruit waiting to be plucked. How long can the precarious imbalance between low stock price and potential benefit last?

BlueJays9293 wrote: Well said AP and Rev.  The science of Spectral's technology is my foundational belief in why this is a stock you want to have a position in, but the events surrounding the current moment is why I believe you don't want to hop on and off this train. 

The synergies between Spectral and Vantive are impossible to ignore, from their Prismax pump, to our diagnostic, to our PMX cartridge, and eventually to their Oxiris cartridge.  Then on top of that you have a very low margin company in Vantive to a very high margin company in Spectral.  The table had already been set with Vantive gaining control of our distribution deal, the only thing that was missing was Vantive having a strong enough balance sheet to acquire Spectral, and Carlyle Group's deep pockets has solved that problem.

So for me the conditions are ripe for Carlyle Group/Vantive to acquire Spectral, and the only question is when.  Does Carlyle Group wait until an unblinded trial is complete or do they approach Spectral before then?  It's impossible to know, but I myself wouldn't want to be on the wrong side of that question, because that question might get answered when you least expect it.         

  




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