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Spectral Medical Inc. (T:EDT)

Business Focus: Biotechnology & Medical Research

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Insider Chart - Past 6 Months

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Insider Filings

Latest 10 SEDI filings for EDT within the last 6 months
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Company News

Feb 04, 2020 07:00 ET
Baxter and Spectral Medical Announce Exclusive Distribution Agreement for Blood Filter in U.S. and Canada
Baxter International Inc. (NYSE:BAX), a leading global medical products company, and Spectral Medical Inc. (TSX:EDT), a late stage theranostic company advancing therapeutic options for sepsis and septic shock, today announced a distribution...
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Nov 14, 2019 08:00 ET
Spectral Announces Third Quarter Results
Spectral Medical Inc., (TSX: EDT), a Phase III company developing the first treatment for patients with septic shock guided by a companion diagnostic, today announced its unaudited financial results for the third quarter ended September 30, 2019....
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Valuation Ratios

Industry
Sector
Beta
1.18
--
--
Price to Sales - TTM
38.53
16.64
9.84
Price to Book - most recent quarter
42.83
3.22
2.02
Price to Cash Flow per share - TTM
--
31.32
12.04
Price to Free Cash Flow per share - TTM
--
1.27
17.92
See all valuations

Short Report

DateNumber of Shares ShortedNet Change
Feb 15, 2020285,839-11,845
Jan 31, 2020297,68417,152
Jan 15, 2020280,532-12,589
See Short Report

Business Summary

Sector:  Healthcare Industry:  Biotechnology & Medical Research

Spectral Medical Inc., formerly Spectral Diagnostics Inc., is a therapeutic development company. The Company is focused on the development and commercialization of a treatment for septic shock utilizing its Endotoxin Activity Assay (EAA) and the Toraymyxin (PMX) therapeutic. The Company also manufactures and sells certain reagents. The Company develops biochemical markers for the clinical syndrome known as septic shock. PMX is a therapeutic hemoperfusion device that removes endotoxin from the bloodstream. The Company 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 through non-exclusive license and supply agreements.

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