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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 mercedesmanon Sep 30, 2024 9:06am
715 Views
Post# 36246608

14 to go?, 13?, 12?…

14 to go?, 13?, 12?…From Sept 3 release re: August stats ....


"With 21 patients to full enrollment, the Company has entered the final push to fully enroll and finish the Tigris trial
  • Based on current rate of enrollment, Tigris could be completed as early as December 2024

Dr. John Kellum, Chief Medical Officer of Spectral, noted, “It's gratifying to see that despite August vacation schedules, enrollment continues to be strong. We continue to enjoy very strong activity at our sites. As such, we remain confident in finalizing full Tigris enrollment around year end 2024.

With the Sept stat release due this week, the home stretch is finally upon us. 

And just in time for:
 

  • Eden study results
  • Baxter CG transaction closing on Vantive
  • Prismax pump approval for use in HP across US 
  • CG's tire kicking review of Spectral? ( ie will they unveil a plan to be only in the competitive US dialysis business, or perhaps alternatively, a plan to be in the business of innovative  precision medicine with a global reach, backed by multiple FDA approvals  ?) 
MM
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