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Bullboard - Stock Discussion Forum 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... see more

TSX:EDT - Post Discussion

Spectral Medical Inc > Don't rule-out Fresenius either Zepdalotto...
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Post by SouthernTierTom on Sep 09, 2021 2:56pm

Don't rule-out Fresenius either Zepdalotto...

Bear in mind our knew CMO acted as a "special advisor" to the German Giant...

Bear in mind II, we've done busines with Fresenius in the past..see below...

Bear in mind III, the concept of "going it alone" is about as believable as presenting at 7am on a Monday morning ; - )

 

 

 

Septic shock treatment developer Spectral Medical said today it inked a deal with Fresenius Medical Care to distribute its Endotoxin activity assay devices.

Fresenius will be the non-exclusive distributor of the device in Germany, Denmark, Sweden, Finland, Norway, Poland, Hungary and the Czech Republic, the company said.

“We are very pleased to have entered into this commercial relationship with Fresenius for our EAA diagnostic, which is key to the identification of patients in septic shock who are most likely to benefit from the PMX treatment. A positive outcome of our large clinical trial would clearly demonstrate the ability to address the huge market potential we see for the combined testing and treatment (PMX) protocol for patients with septic shock,” Spectral sales & marketing veep Dr. Gualtiero Guadagni said in a press release.

The EAA device will be sold initially in conjunction with Toraymyxin hemoperfusion cartridges designed to remove endotoxin from the bloodstream, Toronto-based Spectral Medical said.

The company is currently in a phase III registration trial of the device in anticipation of FDA approval of their PMX cartridge device.

The PMX cartridge has been approved in Japan and won CE Mark approval in the European Union, the company said.

Comment by mercedesman on Sep 09, 2021 3:07pm
I won't rule it out, but I doubt Frens would be allowed to take out Dialco, having scooped up all of NXStage for $ 2B a few years earlier.  The Competitin Bureau (US counterpart?) wouldn't allow it IMO) Doesn't mean the buyout price couldn't be $ 2B USD for some new "ground-breaking" technology.... one that say provides more ease of use, and ease of installation (e ...more  
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