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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 mercedesmanon Sep 09, 2024 4:24pm
123 Views
Post# 36215435

RE:RE:RE:RE:RE:Unrelated to Spectral but interesting

RE:RE:RE:RE:RE:Unrelated to Spectral but interesting

We're basically on the same page. The big guys like BH  want a good and fair price as do many large block holders and of course key mgt.  Finally mega shareholders, mgt. and retail investors  will have fully aligned interests, which hasn't always been the case.   IMO, Toray just wants the distribution network in the hands of the party that will enable them to sell the highest number of PMX cartridges annually going forward. I suspect that they also know that a buyer paying full price will work harder to create a ROI for themselves. 

I'll certainly be happier with the extra buck-a-share if your scenario plays out. 


MM 

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