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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 > Critical Care
View:
Post by ChesterLives on Feb 22, 2024 3:39pm

Critical Care

Wasn't the premise of this report , with Kellum and 15 investigators participating, that The trial had a 96%+ probability of seccess, once it reached 90 patients.

In that context why are they carrying on.
Comment by hmmmmmmmm on Feb 22, 2024 4:00pm
Because the FDA is the only one who coulld make such a determination, and the FDA was never going to look at it- the was fabricated completely by MM. The people that were going to look at it were Baxter- who now suddenly have no interest-  saying they are paying their tiny ante - "blind". no validation, no confirmation. 
Comment by Spamme54321 on Feb 22, 2024 4:18pm
In the senacrio where Baxter had taken a look at the data then Spectral would have been required to release the same data to the public. Assuming the data is favourable. Then EDT's share price might have gone up even with the need of additional capital. If Vantive wanted to acquire Spectral as BlueJay believes then that outcome would be deterimental to them.
Comment by ChesterLives on Feb 22, 2024 4:28pm
According to  Critical Care, 15 investigators and Dr. Kellum say the data is extremely favourable... beyond favourable, BULLET PROOF. Bashers have a ton of ammo today. That is the company's fault! I expect every personality out in full force and they don't disappoint.
Comment by BayStreetWild on Feb 23, 2024 8:03am
They've already acquired it. They have the distribution rights for 7M, why would they want the baggage that comes along with this team. They're not stupid?
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