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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 Nov 05, 2024 3:18pm
110 Views
Post# 36297557

RE:China Daily Article

RE:China Daily ArticleIt's like now every time they speak, they are emphasizing their new strategy and they are totally not trying to hide it.  It was one thing to talk somewhat vaguely about vital organs but to actually say "potentially manage sepsis," is making it undeniable that they are talking about PMX.  And I loved that he said "potentially" because this makes it even more obvious that he is refering to our potential approval of PMX.  I tried to look really closely at the photo of their booth to see if I could find a display with a PMX cartridge because that would be golden.  It's time for CG to close that Vantive deal and then close on Spectral.    
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