Inspira Technologies Oxy B.H.N. .(IINN)
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Inspira Appoints Former Johnson & Johnson Executive as VP of Global Sales and New Board Member from a Leading International Investment Firm - Inspira Technologies Oxy (NASDAQ:IINN)
Benzinga· 2025-10-21 13:05
Core Insights - Inspira Technologies has announced two key leadership appointments to enhance its global commercialization and governance, with Mr. Mike Hershkovitz as Vice President of Global Sales and Ms. Sivan Matza as an independent director on the board [1][4][5] Leadership Appointments - Mr. Mike Hershkovitz brings nearly two decades of experience in U.S. and international healthcare markets, having held senior roles at Johnson & Johnson and other global med-tech organizations [3] - Ms. Sivan Matza, a director at a leading international investment management firm, has extensive experience in global finance, regulation, and accounting, which will strengthen Inspira's governance framework [2] Strategic Implications - The appointments are seen as a strategic step to enhance Inspira's capabilities, with a focus on accelerating commercial expansion and strengthening governance [4][5] - The combined expertise of the new appointees is expected to serve as a powerful catalyst for Inspira's next phase of growth and execution [5] Company Overview - Inspira Technologies specializes in advanced respiratory support and real-time blood monitoring solutions, with FDA-cleared products including the INSPIRA™ ART100 system for cardiopulmonary bypass and ECMO procedures [7] - The company is also developing the INSPIRA ART500 system and the HYLA™ blood sensor platform, positioning itself as an attractive player in the life-support and MedTech landscape [7]
Inspira Technologies Reports First Half 2025 Financial Results and Issues Business Update
Globenewswire· 2025-10-01 12:00
Core Insights - Inspira Technologies has transitioned from a development-stage company to commercial execution, achieving significant milestones including $49.5 million in binding purchase orders and clinical validation in leading hospitals [2][4] - The HYLA blood sensor has demonstrated a 97.35% accuracy rate, positioning the company favorably for FDA submission and enhancing its growth outlook [2][5] - The company is targeting an annual revenue run rate of at least $70 million in 2026, driven by confirmed global demand and an expanding product pipeline [2][5] Recent Business and Operational Updates - The company secured binding purchase orders totaling $49.5 million for the INSPIRA™ ART100 system, including a $22.5 million order and a $27 million order from a national ministry of health in Africa [5] - The first human treatment using the ART100 system was successfully completed at Westchester Medical Center in April 2025, validating the technology's performance [5] - The ART100 system has been expanded for use in lung transplantation procedures at a top U.S. hospital [5] - U.S. patent approval was received for the INSPIRA™ ART500 core technology, providing protection until at least 2043 [5] - The company engaged a strategic consulting firm to accelerate growth initiatives and maximize enterprise value [5] Financial Results for the Six Months Ended June 30, 2025 - Revenues recognized were $289,000, with a gross profit of $2,000 after accounting for costs of $287,000 [4][15] - Total operating expenses increased to $7,235,000 compared to $5,806,000 in the same period in 2024, primarily due to increases in general and administrative expenses [9][15] - Research and development expenses rose to $3,638,000 from $3,270,000 in the same period in 2024 [9][15] - The net loss for the period was $6,398,000, slightly higher than the net loss of $6,240,000 for the same period in 2024 [9][15] Cash Position and Financial Liabilities - As of June 30, 2025, the company had cash and cash equivalents of $2,126,000, down from $5,779,000 as of December 31, 2024 [9][12] - Financial liabilities at fair value totaled $886,000, a decrease from $1,575,000 as of December 31, 2024 [9][12]
All You Need to Know About Inspira Technologies OXY (IINN) Rating Upgrade to Buy
ZACKS· 2025-09-22 17:01
Core Viewpoint - Inspira Technologies OXY B.H.N. Ltd. (IINN) has been upgraded to a Zacks Rank 2 (Buy), indicating a positive trend in earnings estimates which is a significant factor influencing stock prices [1][4]. Earnings Estimates and Stock Ratings - The Zacks rating system is based on changes in a company's earnings picture, tracking EPS estimates from sell-side analysts through a consensus measure known as the Zacks Consensus Estimate [2]. - The Zacks rating upgrade reflects an improvement in the earnings outlook for Inspira Technologies OXY, which is expected to lead to increased buying pressure and a rise in stock price [4][6]. Impact of Institutional Investors - Changes in future earnings potential, as indicated by earnings estimate revisions, are strongly correlated with stock price movements, largely due to institutional investors who adjust their valuations based on these estimates [5]. - An increase in earnings estimates typically results in higher fair value for a stock, prompting institutional investors to buy or sell, which subsequently affects stock prices [5]. Earnings Estimate Revisions - Inspira Technologies OXY is projected to earn -$0.37 per share for the fiscal year ending December 2025, with no year-over-year change expected [9]. - Over the past three months, the Zacks Consensus Estimate for Inspira Technologies OXY has increased by 2.6%, indicating a positive trend in earnings estimates [9]. Zacks Rank System - The Zacks Rank system classifies stocks into five groups based on earnings estimates, with Zacks Rank 1 (Strong Buy) stocks historically generating an average annual return of +25% since 1988 [8]. - The upgrade to Zacks Rank 2 places Inspira Technologies OXY in the top 20% of Zacks-covered stocks, suggesting a strong potential for market-beating returns in the near term [11].
Inspira to Unveil HYLA™ Real-Time Blood Sensor at U.S. ELSO; 97.35% Accuracy Confirmed - Inspira Technologies Oxy (NASDAQ:IINN)
Benzinga· 2025-09-18 12:00
Core Insights - Inspira Technologies is set to unveil its HYLA blood sensor at the ELSO Annual Conference, marking its first presentation to the global medical community [1][2] - The HYLA sensor has demonstrated a performance accuracy of 97.35% compared to standard blood gas analyzers, positioning it as a significant advancement in medical technology [2] - The ELSO conference serves as a strategic platform for Inspira to engage with key opinion leaders and potential commercial partners [3][4] Company Overview - Inspira Technologies specializes in advanced respiratory support and real-time blood monitoring solutions, with its ART100 system cleared by the FDA for cardiopulmonary bypass and ECMO procedures [5] - The company is developing the next-generation ART500 system, which aims to provide oxygenation while patients remain awake and breathing spontaneously [5] - Inspira is advancing its proprietary HYLA blood sensor platform for continuous, non-invasive monitoring, enhancing its position in the life-support and MedTech landscape [5]
Inspira to Unveil HYLA™ Real-Time Blood Sensor at U.S. ELSO; 97.35% Accuracy Confirmed
Globenewswire· 2025-09-18 12:00
Core Insights - Inspira Technologies is set to unveil its HYLA blood sensor at the U.S. ELSO Annual Conference, marking its first presentation to the global medical community [1][2] - The HYLA sensor has demonstrated a performance accuracy of 97.35% compared to standard blood gas analyzers, positioning it as a significant advancement in medical technology [2] - The ELSO conference serves as a strategic platform for Inspira to engage with leading clinicians and industry leaders, facilitating discussions on commercialization and partnerships for the HYLA platform [3] Company Overview - Inspira Technologies specializes in advanced respiratory support and real-time blood monitoring solutions, with its FDA-cleared ART100 system approved for cardiopulmonary bypass in the U.S. and ECMO procedures outside the U.S. [5] - The company is developing the INSPIRA ART500, a next-generation system designed for oxygenation while patients remain awake and breathing spontaneously [5] - Inspira is advancing its proprietary HYLA blood sensor platform, which offers continuous, non-invasive monitoring, and is positioned as an attractive player in the life-support and MedTech landscape [5]
Inspira Announces 97.3% Accuracy Results for HYLA™ Blood Sensor, Advancing Toward FDA Submission for Clearance
Globenewswire· 2025-09-11 13:30
Core Insights - Inspira Technologies announced pivotal results for its HYLA blood sensor, achieving 97.35% accuracy in performance testing, which supports its upcoming FDA submission [1][2][6] - The HYLA sensor is designed for continuous, real-time monitoring of key blood parameters, addressing urgent needs in operating rooms and critical care [3][6] - The company is positioned to penetrate the broader disposables market with a planned razor-and-blade recurring revenue model [2][6] Company Overview - Inspira Technologies specializes in advanced respiratory support and real-time blood monitoring solutions, with FDA-cleared products including the INSPIRA ART100 system [4] - The company is advancing the HYLA platform, which offers continuous, non-invasive monitoring and is compatible with various medical procedures [4][6] - Recent internal shifts within the company may align with broader industry trends such as consolidation and potential strategic partnerships [4]
Inspira Announces 97.3% Accuracy Results for HYLA™ Blood Sensor, Advancing Toward FDA Submission for Clearance - Inspira Technologies Oxy (NASDAQ:IINN)
Benzinga· 2025-09-11 13:30
Core Insights - Inspira Technologies announced pivotal results for its HYLA blood sensor, achieving 97.35% accuracy in performance testing, which supports its upcoming FDA submission [1][6] - The HYLA sensor is designed for continuous, real-time monitoring of key blood parameters, addressing urgent needs in operating rooms and critical care [3][6] - The company is positioned to penetrate the broader disposables market with a planned razor-and-blade recurring revenue model [2][4] Company Overview - Inspira Technologies specializes in advanced respiratory support and real-time blood monitoring solutions, with its FDA-cleared INSPIRA™ ART100 system approved for cardiopulmonary bypass in the U.S. and ECMO procedures outside the U.S. [4] - The company is developing the next-generation INSPIRA ART500 system, which aims to deliver oxygenation while patients remain awake and spontaneously breathing [4] - Inspira Technologies has a growing IP portfolio and is strategically streamlining operations to align with long-term industry trends, including consolidation and potential strategic partnerships [4] Product Features - The HYLA Blood Sensor provides continuous monitoring, delivering second-by-second data without the need for intermittent blood draws [6] - It utilizes non-invasive optical measurement technology, making it versatile for various medical procedures, including cardiopulmonary bypass and dialysis [6] - The sensor's modular design is engineered to complement existing medical devices, targeting the two million annual open-heart surgery patients globally [6]
Top U.S. Honor Roll Hospital Expands Use of INSPIRA™ ART100 System to Lung Transplant Procedures
Globenewswire· 2025-09-02 13:00
Core Insights - Inspira Technologies has expanded the clinical use of its INSPIRA™ ART100 system to lung transplantation procedures at a top U.S. hospital, indicating strong validation of the system's performance and clinical value [1][2] - The expansion reflects growing confidence from leading hospitals in Inspira's technology and highlights the ART100's potential as a reliable platform for advanced respiratory support [2][3] - The company has recently secured multi-million dollar binding government orders for ART100 systems, showcasing its increasing global footprint and commercial momentum [3] Company Overview - Inspira Technologies is a commercial-stage medical device company specializing in advanced respiratory support and real-time blood monitoring solutions [4] - The INSPIRA™ ART100 system is FDA-cleared for cardiopulmonary bypass in the U.S. and ECMO procedures outside the U.S., with plans for a next-generation system, the INSPIRA ART500, designed for awake patients [4] - The company is advancing its proprietary blood sensor platform, HYLA™, and is strategically streamlining operations to align with long-term industry trends such as consolidation and potential strategic partnerships [4]
Inspira Receives U.S. Patent Approval for the ART500 Core Technology, Key Patent Positions the Company to Dominate $20 Billion Estimated Market
Globenewswire· 2025-08-22 12:45
Core Insights - Inspira Technologies has received U.S. Patent approval for its low flow rates extracorporeal oxygenation system, which is central to the ART500 device, targeting a $20 billion market for advanced respiratory support [1][2][3] Company Overview - Inspira Technologies is a commercial-stage medical device company focused on advanced respiratory support and real-time blood monitoring solutions, with its ART100 system already cleared by the FDA for cardiopulmonary bypass and ECMO procedures [4] - The ART500 system is designed to provide oxygenation while patients remain awake and spontaneously breathing, expanding the potential market by addressing an underserved patient population [2][4] Intellectual Property and Market Position - The newly granted patent protects the ART500's functionality, design, and clinical applications until at least 2043, enhancing the company's intellectual property portfolio and reinforcing its technological leadership [3][4] - The patent approval is seen as a critical component of the company's growth strategy, providing a competitive advantage and a pathway to long-term value for shareholders [3][4] Future Prospects - The company is pursuing additional patents in major jurisdictions worldwide to further expand its intellectual property coverage, indicating a proactive approach to securing its market position [3][4]
Inspira Secures $27 Million Government Binding Purchase Order for ART100 Systems with Full Payment in 2025
Globenewswire· 2025-08-19 12:30
Core Insights - Inspira Technologies has secured a $27 million binding purchase order from a national ministry of health in Africa for its FDA-cleared ART100 systems, marking a significant step in its commercial strategy [1][3] - The total secured binding purchase orders for 2025 now amount to $49.5 million, indicating strong momentum and commitment from the Ministry of Health [3] Company Overview - Inspira Technologies specializes in advanced respiratory support and real-time blood monitoring solutions, with its ART100 system approved for cardiopulmonary bypass in the U.S. and ECMO procedures outside the U.S. [4] - The company is also developing the next-generation INSPIRA ART500 system and the HYLA blood sensor platform, positioning itself as a key player in the life-support and MedTech landscape [4] Financial Implications - The purchase order is structured for full contractual payment to be completed during 2025, which is expected to accelerate revenue for the company [2] - Deliveries under the nationwide roll-out schedule are anticipated to continue throughout 2025, further enhancing the company's revenue prospects [3][2]