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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
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Post by gebremeskelon Dec 18, 2024 1:38pm
124 Views
Post# 36368428

New S. Korean Digs for Baxter...

New S. Korean Digs for Baxter...... in preparation for Vantive split.

https://biz.chosun.com/en/en-science/2024/12/18/ZHQBWRAH6JA55MP7KN427WRIT4/

"Global pharmaceutical corporation Baxter has transferred its office to the Samil Building on Cheonggyecheon-ro, Seoul, ahead of the launch of Vantive Korea. The Kidney Care Division of Baxter International is currently in the process of splitting into Vantive, a new kidney management company under the global investment firm Carlyle Group. The company explained that this office transfer was made in preparation for the establishment of Vantive Korea, which provides dialysis and acute kidney treatment products and services domestically."
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