Spectral Medical to Present at the H.C. Wainwright Virtual BioConnect Conference

TORONTO, Jan. 11, 2021 (GLOBE NEWSWIRE) -- Spectral Medical Inc (“Spectral” or the “Company”) (TSX: EDT), a late stage theranostic company advancing therapeutic options for sepsis and septic shock, as well as commercializing a new proprietary platform targeting the renal replacement therapy market through its wholly-owned subsidiary Dialco Medical Inc. (“Dialco”), today announced that it will be presenting at the H.C. Wainwright Virtual BioConnect Conference, being held January 11 – 14, 2021. Dr. Paul Walker, President and CEO, and Chris Seto, COO and CFO of Spectral Medical Inc. will be hosting the presentation.

About Spectral

Spectral is a Phase III company seeking U.S. FDA approval for its unique product for the treatment of patients with septic shock, Toraymyxin™ (“PMX”). PMX is a therapeutic hemoperfusion device that removes endotoxin, which can cause sepsis, from the bloodstream and is guided by the Company’s Endotoxin Activity Assay (EAA™), the only FDA cleared diagnostic for the risk of developing sepsis.

PMX is approved for therapeutic use in Japan and Europe, and has been used safely and effectively on more than 200,000 patients to date. In March 2009, Spectral obtained the exclusive development and commercial rights in the U.S. for PMX, and in November 2010, signed an exclusive distribution agreement for this product in Canada. Approximately 330,000 patients are diagnosed with severe sepsis and septic shock in North America each year.

Spectral, through its wholly owned subsidiary, Dialco Medical Inc., is also commercializing a new proprietary platform, “SAMI”, targeting the renal replacement therapy (“RRT”) market.  Dialco is also seeking regulatory approval for in-home use of “DIMI” which is based on the same RRT platform, but will be intended for home hemodialysis use.  “DIMI” recently received its FDA 510k clearance for use in hospital and clinical settings.

Spectral is listed on the Toronto Stock Exchange under the symbol EDT. For more information, please visit www.spectraldx.com.

Contact:
Dr. Paul Walker 
President and CEO 
Spectral Medical Inc.
416-626-3233 ext. 2100 
pwalker@spectraldx.com
Mr. Chris Seto 
COO & CFO 
Spectral Medical Inc.
416-626-3233 ext. 2004 
cseto@spectraldx.com 
Ali Mahdavi
Capital Markets & Investor
Relations
416-962-3300
am@spinnakercmi.com
     
David Waldman/Natalya Rudman
US Investor Relations
Crescendo Communications, LLC
212-671-1020
edt@crescendo-ir.com
   

 


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