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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 > 9’er 9’er post - slight correction.
View:
Post by mercedesman on Aug 03, 2024 5:20pm

9’er 9’er post - slight correction.

Slide 15 seems to show end dates using a worst case of .19 patients per site per month ( or about 4.5/mo for all sites combined) and a best case of .29 per site per month ( or about 6.67/month for all sites combined - appears to be the 2024 YTD totals ) 

Lately we have been averaging .39 patients per site per month based on a now active 23 sites. (this is based on a pair-o-nines or a niner-niner, or the "Wayne Gretzky",   9/23 = .3913) 

And ... the momentum is still building !

As we know, the closer we are to the trial end, the more ethusiastic & diligent are the trial research personnel. 


MM

Comment by BlueJays9293 on Aug 03, 2024 6:54pm
In layman's terms, Patient 150 will probably be enrolled by Halloween. Spectral found third gear in January, they found fourth gear in June & July, it doesn't even matter if they find fifth gear, cuz fourth get's us cruising pretty good. And as MM the Swifty knows, ticket prices always dramatically go up the closer you get to the concert date.
Comment by mercedesman on Aug 03, 2024 7:43pm
Even better said.  Coincidently, I was planning on dressing up on Halloween as TS. Veterans might recall a tripling move from about .70 to 2.07 about 6 -8 months prior to the FDA ruling on Phase 3 back in 2016. Of course, back then, the returns back then may have been muted by the fact that we didn't have :   Constant  "exceeding expectations" ...more  
Comment by palinc2000 on Aug 04, 2024 5:14pm
what was the market cap in 2016 when the Sp was 2.07 ? 
Comment by BlueJays9293 on Aug 04, 2024 8:07pm
88.5 mph, so long as you have, your own, Flux Capacitor.
Comment by Geery on Aug 04, 2024 9:13pm
I believe in 2016 there were about 220 million shares out. So, about 455 million mkt cap. Again, just a guess. 
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