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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 > Why buy the cow…
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Post by MacAdocious on Feb 22, 2024 4:08pm

Why buy the cow…

when you have 10 years worth of distribution and sales locked up? Is Spectral's stock price supposed to go up simply because Toray will make the Units and Spectral will make the 'filters in house, in Toronto'? Will rolling PMX into Vantix leave Spectral with a 30% shell while Baxter gets the 70% pearl? Every time we get some half-way decent PR, like today, this thing tanks. Part of me thinks "dump your position in Spectral and buy more Baxter".
Comment by ChesterLives on Feb 22, 2024 4:18pm
That was not a "halfway decent" PR. It was chopped up and butchered. Much could be learned from a clear and comprehensive News Release. That is not asking very much, all things considered.
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