{"id":450583,"date":"2021-03-04T08:03:38","date_gmt":"2021-03-04T13:03:38","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=450583"},"modified":"2021-03-04T08:03:38","modified_gmt":"2021-03-04T13:03:38","slug":"spectral-medical-engages-crescendo-communications-to-provide-investor-relations-services-in-the-united-states","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/spectral-medical-engages-crescendo-communications-to-provide-investor-relations-services-in-the-united-states\/","title":{"rendered":"Spectral Medical Engages Crescendo Communications to Provide\u00a0Investor Relations Services in the United States"},"content":{"rendered":"<div class=\"mw_release\">\n<p align=\"justify\">TORONTO, March  04, 2021  (GLOBE NEWSWIRE) &#8212; <strong>Spectral Medical Inc.<\/strong><strong> (\u201cSpectral\u201d or the \u201cCompany\u201d) (TSX: EDT)<\/strong>, 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. (\u201cDialco\u201d), announces that it has retained Crescendo Communications, LLC (&#8220;Crescendo&#8221;) as its investor relations firm to help broaden awareness of the Company in the US financial markets.<\/p>\n<p align=\"justify\">David Waldman, President and CEO of Crescendo, commented, \u201cWe are honored to work with Spectral and look forward to supporting them in their mission of combatting the devastating impacts of sepsis, a leading cause of death in ICUs across the US. Spectral\u2019s Toraymyxin\u2122 PMX endotoxin removal cartridge, combined with its EAA\u2122 diagnostic, address a dramatically underserved $1.5 billion market opportunity with no competing FDA approved solutions. Additionally, we believe there is a significant market opportunity within the Dialco business, with two first-in-class hemodialysis machines, positioned to capture significant market share within the $5.3 billion acute and home dialysis markets. We look forward to helping increase awareness within the US investment community, as Spectral advances towards a number of key milestones.\u201d<\/p>\n<p>\n        <strong>About Spectral<\/strong>\n      <\/p>\n<p>Spectral is a Phase III company seeking U.S. FDA approval for its unique product for the treatment of patients with septic shock, Toraymyxin\u2122 (\u201cPMX\u201d). PMX is a therapeutic hemoperfusion device that removes endotoxin, which can cause sepsis, from the bloodstream and is guided by the Company\u2019s Endotoxin Activity Assay (EAA\u2122), the only FDA cleared diagnostic for the risk of developing sepsis.<\/p>\n<p>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.<\/p>\n<p>Spectral, through its wholly owned subsidiary, Dialco Medical Inc., is also commercializing a new proprietary platform, \u201cSAMI\u201d, targeting the renal replacement therapy (\u201cRRT\u201d) market.\u00a0 Dialco is also seeking regulatory approval for in-home use of \u201cDIMI\u201d which is based on the same RRT platform, but will be intended for home hemodialysis use.\u00a0 \u201cDIMI\u201d recently received its FDA 510k clearance for use in hospital and clinical settings.<\/p>\n<p>Spectral is listed on the Toronto Stock Exchange under the symbol EDT. For more information, please visit\u00a0<a href=\"https:\/\/www.globenewswire.com\/Tracker?data=GXcO3OkQaRuIUH_k9Zta7PO3YYxs8XNMXkyKLxCqMXzHqpw3YP_1r9bj32r0JzZe4cO30oGTNnvb13BRC7Lm08iiWxQmeeLbFzwNQgRHlvo=\" rel=\"nofollow noopener noreferrer\" target=\"_blank\">www.spectraldx.com<\/a>.<\/p>\n<table style=\"border-collapse: collapse;width:100%;border-collapse:collapse\">\n<tr>\n<td style=\"max-width:34%;width:34%;min-width:34%;text-align: left;vertical-align: middle;vertical-align: top\">\n            <strong>Contact:<\/strong>\n          <\/td>\n<td style=\"max-width:33%;width:33%;min-width:33%;text-align: left;vertical-align: middle;vertical-align: top\">\u00a0<\/td>\n<td style=\"max-width:33%;width:33%;min-width:33%;text-align: left;vertical-align: middle;vertical-align: top\">\u00a0<\/td>\n<\/tr>\n<tr>\n<td style=\"text-align: left;vertical-align: middle;vertical-align: top\">Dr. Paul Walker<\/td>\n<td style=\"text-align: left;vertical-align: middle;vertical-align: top\">Mr. Chris Seto<\/td>\n<td style=\"text-align: left;vertical-align: middle;vertical-align: top\">Mr. Ali Mahdavi<\/td>\n<\/tr>\n<tr>\n<td style=\"text-align: left;vertical-align: middle;vertical-align: top\">President and CEO<\/td>\n<td style=\"text-align: left;vertical-align: middle;vertical-align: top\">COO &amp; CFO<\/td>\n<td style=\"text-align: left;vertical-align: middle;vertical-align: top\">Capital Markets &amp; Investor<\/td>\n<\/tr>\n<tr>\n<td style=\"text-align: left;vertical-align: middle;vertical-align: top\">Spectral Medical Inc.<\/td>\n<td style=\"text-align: left;vertical-align: middle;vertical-align: top\">Spectral Medical Inc.<\/td>\n<td style=\"text-align: left;vertical-align: middle;vertical-align: top\">Relations<\/td>\n<\/tr>\n<tr>\n<td style=\"text-align: left;vertical-align: middle;vertical-align: top\">416-626-3233 ext. 2100<\/td>\n<td style=\"text-align: left;vertical-align: middle;vertical-align: top\">416-626-3233 ext. 2004<\/td>\n<td style=\"text-align: left;vertical-align: middle;vertical-align: top\">416-962-3300<\/td>\n<\/tr>\n<tr>\n<td style=\"text-align: left;vertical-align: middle;vertical-align: top\">\n            <a href=\"mailto:pwalker@spectraldx.com\" rel=\"nofollow noopener noreferrer\" target=\"_blank\">pwalker@spectraldx.com<\/a>\n          <\/td>\n<td style=\"text-align: left;vertical-align: middle;vertical-align: top\">\n            <a href=\"mailto:cseto@spectraldx.com\" rel=\"nofollow noopener noreferrer\" target=\"_blank\">cseto@spectraldx.com<\/a>\n          <\/td>\n<td style=\"text-align: left;vertical-align: middle;vertical-align: top\">\n            <a href=\"mailto:am@spinnakercmi.com\" rel=\"nofollow noopener noreferrer\" target=\"_blank\">am@spinnakercmi.com<\/a>\n          <\/td>\n<\/tr>\n<tr>\n<td style=\"text-align: left;vertical-align: middle;vertical-align: top\">\u00a0<\/td>\n<td style=\"text-align: left;vertical-align: middle;vertical-align: top\">\u00a0<\/td>\n<td style=\"text-align: left;vertical-align: middle;vertical-align: top\">\u00a0<\/td>\n<\/tr>\n<tr>\n<td style=\"text-align: left;vertical-align: middle;vertical-align: top\">David Waldman\/Natalya Rudman<\/td>\n<td style=\"text-align: left;vertical-align: middle;vertical-align: top\">\u00a0<\/td>\n<td style=\"text-align: left;vertical-align: middle;vertical-align: top\">\u00a0<\/td>\n<\/tr>\n<tr>\n<td style=\"text-align: left;vertical-align: middle;vertical-align: top\">US Investor Relations<\/td>\n<td style=\"text-align: left;vertical-align: middle;vertical-align: top\">\u00a0<\/td>\n<td style=\"text-align: left;vertical-align: middle;vertical-align: top\">\u00a0<\/td>\n<\/tr>\n<tr>\n<td style=\"text-align: left;vertical-align: middle;vertical-align: top\">Crescendo Communications, LLC<\/td>\n<td style=\"text-align: left;vertical-align: middle;vertical-align: top\">\u00a0<\/td>\n<td style=\"text-align: left;vertical-align: middle;vertical-align: top\">\u00a0<\/td>\n<\/tr>\n<tr>\n<td style=\"text-align: left;vertical-align: middle;vertical-align: top\">212-671-1020<\/td>\n<td style=\"text-align: left;vertical-align: middle;vertical-align: top\">\u00a0<\/td>\n<td style=\"text-align: left;vertical-align: middle;vertical-align: top\">\u00a0<\/td>\n<\/tr>\n<tr>\n<td style=\"text-align: left;vertical-align: middle;vertical-align: top\">\n            <a href=\"mailto:edt@crescendo-ir.com\" rel=\"nofollow noopener noreferrer\" target=\"_blank\">edt@crescendo-ir.com<\/a>\n          <\/td>\n<td style=\"text-align: left;vertical-align: middle;vertical-align: top\">\u00a0<\/td>\n<td style=\"text-align: left;vertical-align: middle;vertical-align: top\">\u00a0<\/td>\n<\/tr>\n<\/table>\n<p \/>\n      <img loading=\"lazy\" decoding=\"async\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODE4MzkzNSM0MDQ3MTMyIzIwOTQ5NTc=\" width=\"1\" height=\"1\" \/><br \/>\n      <br \/>\n      <img loading=\"lazy\" decoding=\"async\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/ml.globenewswire.com\/release\/track\/94972e3b-dc9b-4473-affa-c11331b0bf01\" width=\"1\" height=\"1\" \/>\n    <\/div>\n<div class=\"mw_contactinfo\"><\/div>\n","protected":false},"excerpt":{"rendered":"<p>TORONTO, March 04, 2021 (GLOBE NEWSWIRE) &#8212; Spectral Medical Inc. (\u201cSpectral\u201d or the \u201cCompany\u201d) (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. (\u201cDialco\u201d), announces that it has retained Crescendo Communications, LLC (&#8220;Crescendo&#8221;) as its investor relations firm to help broaden awareness of the Company in the US financial markets. David Waldman, President and CEO of Crescendo, commented, \u201cWe are honored to work with Spectral and look forward to supporting them in their mission of combatting the devastating impacts of sepsis, a leading cause of death in ICUs across the US. Spectral\u2019s &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/spectral-medical-engages-crescendo-communications-to-provide-investor-relations-services-in-the-united-states\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Spectral Medical Engages Crescendo Communications to Provide\u00a0Investor Relations Services in the United States&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-450583","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.5 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Spectral Medical Engages Crescendo Communications to Provide\u00a0Investor Relations Services in the United States - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/spectral-medical-engages-crescendo-communications-to-provide-investor-relations-services-in-the-united-states\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Spectral Medical Engages Crescendo Communications to Provide\u00a0Investor Relations Services in the United States - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"TORONTO, March 04, 2021 (GLOBE NEWSWIRE) &#8212; Spectral Medical Inc. (\u201cSpectral\u201d or the \u201cCompany\u201d) (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. (\u201cDialco\u201d), announces that it has retained Crescendo Communications, LLC (&#8220;Crescendo&#8221;) as its investor relations firm to help broaden awareness of the Company in the US financial markets. David Waldman, President and CEO of Crescendo, commented, \u201cWe are honored to work with Spectral and look forward to supporting them in their mission of combatting the devastating impacts of sepsis, a leading cause of death in ICUs across the US. Spectral\u2019s &hellip; Continue reading &quot;Spectral Medical Engages Crescendo Communications to Provide\u00a0Investor Relations Services in the United States&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/spectral-medical-engages-crescendo-communications-to-provide-investor-relations-services-in-the-united-states\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2021-03-04T13:03:38+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODE4MzkzNSM0MDQ3MTMyIzIwOTQ5NTc=\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/spectral-medical-engages-crescendo-communications-to-provide-investor-relations-services-in-the-united-states\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/spectral-medical-engages-crescendo-communications-to-provide-investor-relations-services-in-the-united-states\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"Spectral Medical Engages Crescendo Communications to Provide\u00a0Investor Relations Services in the United States\",\"datePublished\":\"2021-03-04T13:03:38+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/spectral-medical-engages-crescendo-communications-to-provide-investor-relations-services-in-the-united-states\\\/\"},\"wordCount\":485,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/spectral-medical-engages-crescendo-communications-to-provide-investor-relations-services-in-the-united-states\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.globenewswire.com\\\/newsroom\\\/ti?nf=ODE4MzkzNSM0MDQ3MTMyIzIwOTQ5NTc=\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/spectral-medical-engages-crescendo-communications-to-provide-investor-relations-services-in-the-united-states\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/spectral-medical-engages-crescendo-communications-to-provide-investor-relations-services-in-the-united-states\\\/\",\"name\":\"Spectral Medical Engages Crescendo Communications to Provide\u00a0Investor Relations Services in the United States - 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(\u201cSpectral\u201d or the \u201cCompany\u201d) (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. (\u201cDialco\u201d), announces that it has retained Crescendo Communications, LLC (&#8220;Crescendo&#8221;) as its investor relations firm to help broaden awareness of the Company in the US financial markets. David Waldman, President and CEO of Crescendo, commented, \u201cWe are honored to work with Spectral and look forward to supporting them in their mission of combatting the devastating impacts of sepsis, a leading cause of death in ICUs across the US. 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