Last C$0.32 CAD
Change Today -0.02 / -5.97%
Volume 1.2M
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As of 3:59 PM 04/15/14 All times are local (Market data is delayed by at least 15 minutes).

spectral diagnostics inc (SDI) Snapshot

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52 Week High
11/12/13 - C$0.77
52 Week Low
04/24/13 - C$0.18
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spectral diagnostics inc (SDI) Details

Spectral Diagnostics Inc. engages in the development and commercialization of theranostic treatment for severe sepsis and septic shock in North America. Its products include Endotoxin Activity Assay for the identification of patients at risk of developing sepsis and certain proprietary biological reagents; and Toraymyxin, a therapeutic hemoperfusion device for the treatment of sepsis that removes endotoxin from the bloodstream. The company also develops, produces, and markets recombinant proteins, antibodies, and calibrators for use in research and development, as well as in products manufactured by other diagnostic companies. Spectral Diagnostics Inc. was founded in 1991 and is headquartered in Toronto, Canada.

20 Employees
Last Reported Date: 03/27/14
Founded in 1991

spectral diagnostics inc (SDI) Top Compensated Officers

Chief Executive Officer, President, Director ...
Total Annual Compensation: C$424.9K
Chief Financial Officer, Executive Vice Presi...
Total Annual Compensation: C$265.6K
Vice President of Clinical Development
Total Annual Compensation: C$201.8K
Vice President of Sales and Marketing
Total Annual Compensation: C$117.8K
Compensation as of Fiscal Year 2013.

spectral diagnostics inc (SDI) Key Developments

Spectral Diagnostics Inc. Updates Status of EUPHRATES Trial

Spectral Diagnostics Inc. announced that the Data Safety Monitoring Board for the EUPHRATES trial has completed its review of the detailed analysis it had previously requested. Based on the current recommendations of the DSMB, the sample size has been recalculated and increased from 360 to 650 patients. This increase in the number of enrolled patients enhances the likelihood of demonstrating, with sufficient power, a statistically and clinically significant effect. The revised sample size falls within the statistical plan already agreed to by the United States Food and Drug Administration (FDA). Spectral will also promptly submit a protocol amendment to the FDA, as recommended by the DSMB, for an additional exclusion criterion. The EUPHRATES trial has continued to enrol patients and, as of April 11, 2014, 271 patients have been randomized.

Spectral Diagnostics Inc. Announces Audited Earnings Results for the Fourth Quarter and Year Ended December 31, 2013

Spectral Diagnostics Inc. announced audited earnings results for the fourth quarter and year ended December 31, 2013. For the quarter the company reported revenue was CAD 713,000 compared to CAD 647,000 for the same three month period last year. Loss was CAD 3,673,000 or CAD 0.03 per share compared to CAD 2,067,000 or CAD 0.02 per share for the same quarter last year. For the year, the company reported revenue was CAD 2,672,000 compared to CAD 2,589,000 for the prior year, representing an increase of CAD 83,000. Loss of CAD 11,307,000, or CAD 0.09 per share, compared to a loss of CAD 8,543,000 or CAD 0.08 per share, for the year ended December 31, 2012. Operating loss was CAD 11,366,000 compared to CAD 8,614,000 in the same period last year. Net cash used in operating activities was CAD 9,191,000 compared to CAD 7,725,000 in the same period last year. Property, plant and equipment expenditures CAD 343,000 compared to CAD 269,000 in the same period last year.

Spectral Diagnostics Inc. Auditor Raises 'Going Concern' Doubt

Spectral Diagnostics Inc. filed its Annual on Mar 27, 2014 for the period ending Dec 31, 2013. In this report its auditor, PricewaterhouseCoopers LLP, gave an unqualified opinion expressing doubt that the company can continue as a going concern.


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