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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 hmmmmmmmm on Jul 11, 2023 4:44pm

Curious

If we are still blaming posters for weak and falling share prices?

Or are we starting to recognize that people don't like their money tied up in companies where management's main focus is on gross self enrichment- even when they fail at all of their stated goals..?
Comment by mercedesman on Jul 12, 2023 11:03am
Can't speak for others, but I'm still blaming certain "Sh'ers" for failing to make an adequate distinction between LT underlying "value" and ST Share Price.   The classic problem is that somehow SP equates to intrinsic value in imperfect markets, especially w.r.t. Cdn incubator biotechs. I blame Mgt. for failing to "sell the story" in such a way ...more  
Comment by oilandgasman on Jul 12, 2023 12:14pm
A 20 year incubation period?... shillin like always.
Comment by mercedesman on Jul 12, 2023 12:51pm
Take a look at the average time to bring a drug/device to market in a US based, 28-day mortality RCT,  when there has been at least one "failed" attempt. Add in the complexity of solving Sepsis (versus other afflictions) and the only now emerging trend of personalized medicine, and companion diagnostics. Maybe you should stick to something like pot-stocks...especially since you ...more  
Comment by oilandgasman on Jul 12, 2023 4:19pm
"Take a look at the average time to bring a drug/device to market in a US based, 28-day mortality RCT,  when there has been at least one "failed" attempt". "analyzed 9,704 clinical development programs over the course of a decade from January 2011 to November 2020. They found that, on average, it took 10.5 years for a drug to get from Phase I to ...more  
Comment by oilandgasman on Jul 12, 2023 4:22pm
I'd add 5 years into the present trial and we've enrolled 60 something subjects. Puff puff pass shiller
Comment by mercedesman on Jul 13, 2023 7:48am
Nice start on your homework, but you only completed 25% of your assignment D-  Now discuss: Time lost due to failed Phase 3 attempt in 2016  Added difficulties in cracking the Sepsis case ( with no new treatments worldwide in the past 30-40 years)  homogeneous populations in past RCTs (ie failures in patient selection/precision medicine) 2.5 years lost due to ...more  
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