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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 BlueJays9293on Aug 28, 2024 7:30pm
131 Views
Post# 36200360

RE:The position of PMX within Vantive

RE:The position of PMX within VantiveI wish we had the position of Carlyle Group, within the positon of PMX/Vantive.

Now those would be some interesting inter-office memos to read.

I haven't tracked CG as closely as you Geb,

but I know they have a plan and a big picture.

I know they're not just going to take over Vantive and eliminate all the free snacks and coffee in the break rooms as a way to suddenly turn Vantive into a growth company.

My interpretation of their plan is,

one, get complete control of Vantive with her Prismax CRRT machine and her Oxiris blood filter,

two, get complete control of PMX NA rights, and almost as importantly the EAA diagnostic WW rights,

three, inquire with Toray about the distribution rights to everything outside of Spectrals North America rights, because Vantive operates in 70 different countries and because thanks to 2, we now own the EAA diganostic rights.

four, repackage one two and three, and bring her back to public market in a few years for more than double what it cost to bring these 3 things together.




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