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Spectral Medical
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135 The West Mall, Unit 2, Toronto, ON M9C 1C2, CA
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Toraymyxin (Polymyxin B) is a small molecule drug candidate which is shown to inhibit bacterial respiration. It is being evaluated for the treatment of septic shock.


Lead Product(s): Polymyxin B Sulfate

Therapeutic Area: Infections and Infectious Diseases Product Name: Toraymyxin

Highest Development Status: ApprovedProduct Type: Small molecule

Partner/Sponsor/Collaborator: Not Applicable

Deal Size: Not Applicable Upfront Cash: Not Applicable

Deal Type: Not Applicable April 10, 2024

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Through agreement, Baxter’s exclusive rights to commercialize Toraymyxin (polymyxin B), a therapeutic hemoperfusion device that removes endotoxin, which can cause sepsis, from the bloodstream and is guided by Spectral’s Endotoxin Activity Assay.


Lead Product(s): Polymyxin B Sulfate

Therapeutic Area: Infections and Infectious Diseases Product Name: Toraymyxin

Highest Development Status: ApprovedProduct Type: Small molecule

Partner/Sponsor/Collaborator: Baxter Healthcare Corporation

Deal Size: Undisclosed Upfront Cash: $5.0 million

Deal Type: Agreement February 21, 2024

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PMX (Toraymyxin™ PMX-20R) is a polymyxin B extracorporeal direct hemoperfusion adsorption column which is highly effective in removing endotoxin which can cause sepsis, from the bloodstream.


Lead Product(s): Polymyxin B Sulfate

Therapeutic Area: Infections and Infectious Diseases Product Name: Toraymyxin

Highest Development Status: ApprovedProduct Type: Small molecule

Partner/Sponsor/Collaborator: Not Applicable

Deal Size: Not Applicable Upfront Cash: Not Applicable

Deal Type: Not Applicable December 14, 2023

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The net proceeds are expected to be primarily used by the Company on its Phase III registration trial (Tigris) for its unique product for the treatment of patients with septic shock, Toraymyxin (polymyxin B), a therapeutic hemoperfusion device that removes endotoxin.


Lead Product(s): Polymyxin B Sulfate

Therapeutic Area: Infections and Infectious Diseases Product Name: Toraymyxin

Highest Development Status: ApprovedProduct Type: Small molecule

Partner/Sponsor/Collaborator: Paradigm Capital

Deal Size: $3.7 million Upfront Cash: Undisclosed

Deal Type: Private Placement August 10, 2023

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Toraymyxin PMX 20R, is a Polymyxin B extracorporeal direct hemoperfusion adsorption column which is highly effective in removing endotoxin in the bloodstream.


Lead Product(s): Polymyxin B Sulfate

Therapeutic Area: Infections and Infectious Diseases Product Name: Toraymyxin PMX 20R

Highest Development Status: ApprovedProduct Type: Peptide

Partner/Sponsor/Collaborator: Dialco Medical

Deal Size: Not Applicable Upfront Cash: Not Applicable

Deal Type: Not Applicable July 20, 2022

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