Spectral Medical Inc. (EDT.TO) Research

Spectral Medical Inc., together with its associated companies, specializes in the invention and commercialization of therapeutic solutions for septic shock and kidney disease across North America. The firm offers the Endotoxin Activity Assay, a swift in-vitro diagnostic tool designed to detect elements of gram-negative bacterial cell walls. It also provides Polymyxin B Hemoperfusion, a therapeutic device engineered to cleanse endotoxins from the bloodstream. In addition, Spectral Medical produces and develops monoclonal and polyclonal antibodies, recombinant cardiac proteins, and calibrators. These are employed in both its internal research and development efforts and by other diagnostic enterprises. The company is also advancing a proprietary system for renal replacement therapy. Established in 1991, the organization was initially named Spectral Diagnostics Inc. before transitioning to Spectral Medical Inc. in December 2014. Its main offices are situated in Toronto, Canada.

Market snapshot

Symbol
EDT.TO
Price
$1.36
Day change
0.00%
Market cap
$399.0M
P/E ratio
-9.96x
52-week range
0.77-1.84
Sector
Healthcare
Industry
Medical - Diagnostics & Research
Next earnings
in 2 months

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