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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 Stocktreeon Aug 26, 2024 2:22pm
158 Views
Post# 36196419

Pumpers are starting to see the writing on the wall...

Pumpers are starting to see the writing on the wall...
- MM and his pumping arms on this rag of an investors' social media site were, not too long ago, all happy to advertise a SP ranging from 6 to 8 dollars when the end date was further away

- In those days, Paradigm was vilified by them as overly pessimistic, with its 4 dollar target.

- Now, as things become clearer and no real market interest seems to be developing over EDT, a potential two dollar target (by the same analyst firm) , give or take, seems more appropriate to them.

- And that is while Spectral's trial is advancing at an increased pace (good for them)

- MM's gang of pumpers are likely preparing you now for an "oh well, 75 cents for a stock that has often stayed in the 20s and 30s in recent years is still worth a round of applause, especially if you bought, let's say... a gazillions shares" scenario

- What has been constant, is the inability or unwillingness of Spectral Medical's management to seek opportunities to bank on any of the company's sucesses.

- Nothing recently points to a different direction in that respect.
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