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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 > Next Milestone payment by Baxter
View:
Post by palinc2000 on Feb 03, 2024 11:43am

Next Milestone payment by Baxter

How much will it be assuming of course they exercise their option to retain exclusive distribution rights  in USA and Canada!?
Anyone want to guess?
Comment by MMABStrader on Feb 03, 2024 11:56am
palinec2000... I would be very disappointed if it was less than $10 to $25 million.
Comment by ChesterLives on Feb 03, 2024 1:45pm
Sounds reasonable, although Baxter's intent to proceed to the finish line will far outweigh the milestone payment in my mind.
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