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Spectral Medical Inc T.EDT

Alternate Symbol(s):  EDTXF

Healthcare Biotechnology Medical Instruments & Supplies
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

Spectral Medical Inc > BioTuesdays Feature Article on Spectral
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Comment by mercedesmanon Nov 16, 2024 3:08pm
103 Views
Post# 36316648

RE:RE:RE:RE:BioTuesdays Feature Article on Spectral

RE:RE:RE:RE:BioTuesdays Feature Article on Spectral

Typically such pre-existing DA's have expiry dates, or performance requirements (ie  minimums). 

Often they are not  exclusive. 

Even so, it could take years for someone like CG/Vantive to assemble global rights if preexisting DA's ( eg Estor) must be honoured. 

The crown jewel is the lucrative US market  followed by perhaps China and then Europe. 


MM 

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