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Bullboard - Stock Discussion Forum
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.
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TSX:EDT - Post Discussion
Spectral Medical Inc
> With any luck...
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(737)
•••
mercedesman
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Post by
mercedesman
on Jul 11, 2022 10:44am
With any luck...
...we'll soon exceed the SP that we had last summer (before the $10M raise)
Mind you that was before the following significant events:
Tigris Protocol Amendment
DIMI Protocol Amendment
Sam Avory addition to Dialco
clearing up of ICU's post the worst of Covid
ARC adoption of SAMI
BTD on PMX
...so I'm guessing the latest news should push it well beyond that level
Let's see
MM
(110)
•••
Accountprince
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Comment by
Accountprince
on Jul 11, 2022 11:04am
MM - you've listed all the things that NOW make this worth far more than the $0.80 per share when Baxter first came on board. Dialco has achieved all it needs to with only DIMI approval to come ("when not if"). AND now that PMX has the Breakthrough Designation it wouldn't surprise me if Baxter moves to acquire the technology now rather than waiting. Shame they never
...more
(371)
•••
Gorf79
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Comment by
Gorf79
on Jul 11, 2022 11:07am
AP Spectral is worth infinitely more than it was at Friday's close. It hasn't even thought about running yet but I did see that Reuters picked up the news... may take a day or 2 but it's coming.
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