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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

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Post by megatron9191 on Aug 20, 2024 6:32pm

Question

people were mentioning share prices going to $20-$30 if a buy out occurs, is this still possible or are we looking at $5 a share (which is still good)
Comment by BlueJays9293 on Aug 20, 2024 6:48pm
Bad news first, yeah $20-30 is just silly. Good news, yes I think $5 USD is a reasonable and fair valuation, at an absolute mortality benefit of 12%.  Do you're own currency exchange rate conversion. At a 15% absolute mort benefit? I'm think more towards six. Would I cry and moan if the mort benny was 14% and we only got a Fin??? Maybe maybe not, but let's just get there ...more  
Comment by SimonSaid on Aug 20, 2024 8:00pm
To confirm, the baseline for mortality benefit is 10.7%, correct? How is "exceeding expecations" defined?  Mortality benefit of 15%...20%...25%...let's dream 30%; would that push the valuation to $8-$10USD a share?
Comment by mercedesman on Aug 20, 2024 9:40pm
The bar for the " confirmatory" trial is the same results achieved in Euphrates. I would call that a low bar given everything that has been learned in the past 5-10 years about which patients show the most benefit from PMX use guided by the EAA. However, they have never, as far as I am aware, defined " expectations " it could be the 10.7 achieved before, but this time with ...more  
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