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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

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Post by Mrlucky on Jan 25, 2023 5:39pm

Sami

  • The Company is working with Baxter on a sub-study to obtain FDA approval for hemoperfusion for Baxter’s Prismax device; the Prismax, with its leading installed base, is anticipated to be the primary device utilized for PMX treatments on commercial launch.
wasn't Sami going to be the future for PMX treatments....perhaps this is where the fallout with Infomed began
Comment by BayStreetWild on Jan 25, 2023 5:43pm
it probably started with them not being able to find a partner(suitable buyer) or financing to run the trial.   
Comment by mercedesman on Jan 25, 2023 5:51pm
Excellent point.  Prismax approval ensures more immediate, out of the gate usage of PMX post fda approval ( if it happens) ... especially with their large pre-installed base.  perhaps Infomed is not thrilled, but I question their ability to deliver SAMIs on a big scale for the US. I suspect they need to show that they have sufficient capacity to deliver both SAMI and DIMI on a ...more  
Comment by hmmmmmmmm on Jan 25, 2023 5:55pm
Great point McShill, Infomed has much to do- good thing we gave them control of DIMI/ SAMI.. home dialysis use is probably a silly fad- right?
Comment by mercedesman on Jan 25, 2023 6:14pm
To think at one time I had high hopes for you Hmmmm ? Your souring on your investment has impaired your judgement it seems.  Exactly! ...it IS a good thing Infomed has agreed to take back the reins rather than expecting Spectral to carry the ball for another year or so ( and needing to raise millions)  HHD ( Ala DIMI) is more viable than ever. Huge increases in kidney decease ...more  
Comment by hmmmmmmmm on Jan 25, 2023 6:37pm
Ha. My judgement has been clear and steady- I believe in PMX, I believe in DIMI/SAMI. But I don't believe in management. Enrolling 1-2 patients a month is a disaster for this company. Giving away control of DIMI/SAMI is lousy for this company. You on the other hand spend your days trying to hide these simple facts - in an attempt, I guess to persuade new investors? Ha.  So, that' ...more  
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