Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

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 > This is more or less what was said...
View:
Post by gebremeskel on Mar 06, 2024 5:53pm

This is more or less what was said...

Dr. John Kellum

With regard to confidence in the preliminary data, although we have not and we will not conduct any formal analysis of ... data until we complete the trial, we continue to be very pleased with the results so far. Our confidence in the results of the trial remains high. 

In November, we published the simulation of the of the likely Tigris results using Bayesian statistical analysis. The paper was published in Critical Care...and was co-authored by our site investigators. The first author of the paper was George Tomlinson, a highly respected biostatistician and expert in Bayesian statistics in the University of Toronto. The results of these simulations furthers our confidence in the final outcome. 

You may have noticed, however, that the language that was used, have used in the past, "exceeding expectations” has been removed from recent press releases. 

On advice of consultants and in deference to future FDA deliberations, we are taking a more conservative and less quantitative approach to describing our results. In particular, we're steering clear of any language that might suggest that we're conducting interim analysis which would result in statistical penalties. 

What we can say, however, is that we're quite pleased with the results and we're confident in the outcome. 

 
Comment by daviking on Mar 06, 2024 6:33pm
gebremeskel When did Kellum, say this?
Comment by gebremeskel on Mar 06, 2024 6:43pm
In the investor call. The audio has been posted on Spectral's website
Comment by hmmmmmmmm on Mar 06, 2024 6:38pm
Yes, Dr Kellum has been very clear and consistent that they "will not conduct any formal analysis" and that "conducting interim analysis would result in statistical penalties". He has also been consistant and clear that "crude data" is not statistical analysis- as printed/ stated twice in the AGM. This was the case until we reached 90 and at the behest of Baxter the ...more  
Comment by mercedesman on Mar 06, 2024 6:44pm
Another timely and relevant post g ! Apparently there are a few Stuart Smalley's on here that need their daily affirmation.   "It's good enough, it's exceding expectations enough, and doggone it, people like it" Later I'll post a reminder of the only PMX affirmation I needed - and it occurred sometime in 2023.  MM 
Comment by BlueJays9293 on Mar 06, 2024 7:22pm
Private equity getting involved a mere months before the Vantive spinco date, was/is the most under-appreciated piece of news that Spectral shareholders have received.  They had all of 2023 to kick it around and yet they chose now to get involved.