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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 > Approaching…
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Post by mercedesman on Feb 06, 2024 11:59am

Approaching…

SP is approaching a new 3 year high 

EDTXF  is approaching $0.50 USD 


Assuming a US Nasdaq listing was ever in the plans ....

A 10 for 1 reverse split would/could do the trick. 

But then again it may be more about what Baxter decides to do.... in the short-term. 


MM

Comment by BlueJays9293 on Feb 06, 2024 1:15pm
Tuesday January 30th,  85 patients enrolled. Tuesday February 6th,  88 patients enrolled. One week, 3 patients enrolled. Just makes me wonder if "Baxter" isn't already in there taking a bigger leadership role because this is nothing short of a dramatic change in the pace of enrollment.  I'm starting to think the milestone payment is just a formality at this ...more  
Comment by mercedesman on Feb 06, 2024 2:14pm
Maybe it was Bax(ter)ing day? 3 per week !?!? If they can maintain that pace, they'd hit 60 ( ie 150) in just 20 weeks (less than 5 months) !?!?! ...applying inverse Hmmmmath derivative equations of course.  It's almost as if someone said "OK we need you to speed things up now "  MM 
Comment by Geery on Feb 06, 2024 2:45pm
The next numbers update will be telling. If 3 or more, you are probaly on to something witht he 'we need to speed things up now' comment.  Fingers crossed!
Comment by hmmmmmmmm on Feb 06, 2024 3:14pm
I agree. the 2- 3x increase in enrollment is too much of a deviation form the rate we've seen from Spectral alone. Add that the removal of:  "Baxter will have an opportunity to view the data" from the latest updates. I think it's clear Baxter has stepped in.
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