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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 > TODAY’S NUMBERS
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Comment by SimonSaidon Jan 20, 2025 5:44pm
76 Views
Post# 36412454

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:TODAY’S NUMBERS

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:TODAY’S NUMBERSI certainly appreciate your comments; however, does CG have a deal with Baxter?  If so, how can they turn the thumbscrews if the deal has been signed?

As far as Spectral, the trial is still required to get over the finish line, and until that occurs it would be premature to commence counting that a deal is imminent with CG.

My logic...until Spectral demonstrates that in has the ability to create shareholder value, it would not surprise me if the amount received from CG (not guaranteed) will not be representative of Spectral's true worth.

Remember, the best predictor of future behavior is past behavior.

As Principal Skinner from the Simpson said "prove me wrong, children"...so we wait.

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