EDT News - Candlesense

Spectral Medical Receives US$3 Million From Vantive

TORONTO, Aug. 25, 2025 (GLOBE NEWSWIRE) -- Spectral Medical Inc. (“Spectral” or the “Company”) (TSX: EDT), a late-stage theranostic company advancing therapeutic options for sepsis and septic sho...

How does this funding round compare to financing activities of peer theranostic or sepsis-focused companies, and what impact might it have on the stock’s valuation relative to peers? What are the specific terms and covenants of the senior secured promissory note, and could they lead to dilution or restrictions for shareholders? How will the $3 million tranche from Vantive affect Spectral Medical’s cash runway and upcoming financing requirements?

Funding

12 days ago

Spectral Medical and Vantive Announce Topline Results from Spectral’s Tigris Trial Evaluating PMX Hemoadsorption Therapy for Endotoxic Septic Shock

TORONTO, Ontario and DEERFIELD, Ill., Aug. 12, 2025 (GLOBE NEWSWIRE) -- Spectral Medical Inc. (“Spectral”) (TSX: EDT), a late-stage theranostic company advancing therapeutic options for sepsis an...

What are the next steps in the clinical development program—additional Phase 3 trials, expanded indications, or post‑marketing studies? How might the results impact the stock's valuation relative to peers in the theranostics and critical care space? Will the trial data trigger any milestone payments or earn‑out provisions in existing agreements?

Clinical trials

25 days ago

Spectral Medical Announces Second Quarter and Provides Corporate Update

TORONTO, Aug. 08, 2025 (GLOBE NEWSWIRE) -- Spectral Medical Inc. (“Spectral” or the “Company”) (TSX: EDT), a late-stage theranostic company advancing therapeutic options for sepsis and septic sho...

How does the company's recent performance and outlook influence its risk/reward profile for a long or short position? What potential catalysts or headwinds could drive the stock price in the short term (e.g., trial data releases, regulatory decisions, or market sentiment)? How does the current cash runway compare to the projected burn rate, and what financing needs might arise before the next milestone?

Earnings

29 days ago