Spectral Medical Inc. (EDT.TO)
Spectral Medical Inc. operates in the Medical - Diagnostics & Research industry of the Healthcare sector, headquartered in Toronto, ON, CA. The stock last traded at $1.38, down 0.72% on the session, giving a market capitalisation of $404.9M. Its beta of 0.21 implies it has historically moved less than the broad market.
Spectral Medical Inc. focuses on the development and commercialization of products for the treatment of septic shock in the United States, Italy, Ireland, Russia, and internationally. The company markets Endotoxin Activity Assay, a rapid in-vitro diagnostic test for the detection of components of gram negative bacterial cell wall; and Polymyxin B-Hemoperfusion, a therapeutic hemoperfusion device that removes endotoxin from the bloodstream. It also develops, manufactures, and markets monoclonal and polyclonal antibodies, recombinant cardiac proteins, antibodies, and calibrators for use in the research and development, as well as products that are manufactured by other diagnostic companies. The company was formerly known as Spectral Diagnostics Inc. and changed its name to Spectral Medical Inc. in December 2014. Spectral Medical Inc. was incorporated in 1991 and is headquartered in Toronto, Canada.
Spectral Medical Inc. is most often compared with the following Healthcare names: