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Bullboard - Stock Discussion Forum
Spectral Medical Inc
T.EDT
Alternate Symbol(s):
EDTXF
Healthcare
Biotechnology
Medical Instruments & Supplies
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...
bloodstream and is guided by the Company’s EAA. PMX is approved for therapeutic use in Japan and Europe and has been used safely and effectively on more than 340,000 patients to date. It has pioneered the development of biochemical markers for the clinical syndrome known as septic shock. It is continuing its legacy business of manufacturing and selling certain proprietary reagents. It develops, produces and markets recombinant proteins, antibodies and calibrators. These materials are sold for use in research and development, as well as in products manufactured by other diagnostic companies.
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TSX:EDT - Post Discussion
Spectral Medical Inc
> Spectral on Linkedin Today
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(152)
•••
TechOne
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Post by
TechOne
on Dec 13, 2024 1:39pm
Spectral on Linkedin Today
Medical research is evolving, and so are the statistical tools we use to guide clinical decisions.
hashtag
#
Bayesian
methods are increasingly becoming a cornerstone in advancing medical research and evidence-based practice. Here's why:
Incorporating Prior Knowledge: Bayesian analysis allows you to integrate prior evidence or expert opinions with current data, providing more robust insights.
Dynamic Updates: As new data becomes available, Bayesian models can update probabilities, giving a more accurate picture over time.
Patient-Centric Insights: These methods are particularly valuable in personalized medicine, where individual variability and small sample sizes are key considerations.
Improved Decision-Making: From clinical trials to diagnostic accuracy studies, Bayesian methods help in quantifying uncertainty and making more informed decisions.
For instance, Bayesian approaches are being used to refine diagnostic algorithms, tailor treatment plans, and optimize resource allocation in healthcare systems.
Have you used Bayesian methods in your work?
hashtag
#
MedicalResearch
hashtag
#
ClinicalTrials
hashtag
#
EvidenceBasedMedicine
References: A practical guide to adopting Bayesian analyses in clinical research
https://buff.ly/4gsU6C0
Using Bayesian statistics in confirmatory clinical trials in the regulatory setting: a tutorial review
https://buff.ly/4iCcnPw
(114)
•••
oilandgasman
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Comment by
oilandgasman
on Dec 13, 2024 4:35pm
Lobbying? Hopefully the trial stands on it's own score wise.
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