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Inspira™ Announces Development of New Disposable Kit with Built-In Performance Monitoring Mechanism
Prnewswire· 2024-10-09 12:00
RA'ANANA, Israel, Oct. 9, 2024 /PRNewswire/ -- Inspira Technologies OXY B.H.N. Ltd. (Nasdaq: IINN) (Nasdaq: IINNW) ("Inspira Technologies", "Inspira" or the "Company"), a groundbreaking respiratory support technology company, is pleased to announce the development of a new disposable kit for the perfusion market. This strategic move is central to Inspira's business strategy of generating recurring revenues for products to be deployed in conjunction with the INSPIRA ART100 and that are also intended to be co ...
Inspira Stock to Gain From its Appearance at Annual ELSO Conference
ZACKS· 2024-09-25 18:30
Inspira Technologies OXY B.H.N. Ltd. (IINN) recently announced its significant appearance at the 34th Annual Extracorporeal Life Support Organization ("ELSO") conference in Detroit, MI. The ELSO conference will take place from Sept. 29 to Sept.30, 2024. At the conference, IINN will present its latest and future technologies, highlighting the company's commitment to innovation in extracorporeal blood circulation technologies. Impact of the News on IINN Stock Following the news, shares of IINN rose 0.8% to $1 ...
Inspira™ Launches INSPIRA™ ART100 at the World's Largest Extracorporeal Life Support Conference
Prnewswire· 2024-09-24 12:30
RA'ANANA, Israel, Sept. 24, 2024 /PRNewswire/ -- Inspira™ Technologies OXY B.H.N. Ltd. (Nasdaq: IINN, IINNW), ("Inspira Technologies", "Inspira", or the "Company") a breakthrough medical technology company, is poised to make a significant impact at the 34th Annual Extracorporeal Life Support Organization (ELSO) Conference in Detroit, Michigan, on the 29th to the 30th of September 2024. The Company will be presenting its latest and future technologies, underscoring its commitment to innovation and excellence ...
Inspira™ Secures a Second U.S. Patent Approval for Orbiting Blood Oxygenation Delivery System
Prnewswire· 2024-09-13 11:30
To date, a combined total of 32 claims have been deemed novel for the core technology of the INSPIRA™ ART device Targeting treatment for 20 million ICU patients with respiratory failure annually, with many relying on mechanical ventilators, in a $19 billion industry RA'ANANA, Israel, Sept. 13, 2024 /PRNewswire/ -- Inspira™ Technologies OXY B.H.N. Ltd. (Nasdaq: IINN) (Nasdaq: IINNW) (the "Company" or "Inspira Technologies"), a breakthrough medical technology company targeting to supersede mechanical ventilat ...
Favorable Clinical Results for HYLA Sensor Might Boost Inspira Stock
ZACKS· 2024-09-02 13:00
Core Insights - Inspira Technologies OXY B.H.N. Ltd. is set to report clinical results for its new HYLA blood sensor, which is expected to align with the company's long-term growth plans in the medical industry [1] Company Overview - The HYLA blood sensor is a clip-on device designed to monitor vital blood parameters in real-time, alerting physicians to changes in a patient's condition without needing intermittent blood samples [2] - The clinical study results for the first configuration of the HYLA sensor are anticipated in Q4 2024, with a 510(k) submission to the FDA planned for early 2025 [3] - The development of the HYLA blood sensor involves in-house lab testing and collaborations with hospitals for clinical research [4] - Inspira aims to transform the respiratory and life-support sectors, targeting a market opportunity estimated at $59 billion annually [5] - The company is advancing its INSPIRA ART pipeline, which includes the HYLA blood sensor and other devices, although these have not yet been tested on humans or received regulatory approval [6] Regulatory and Market Position - The INSPIRA ART100 system has received FDA 510(k) clearance for use in cardiopulmonary bypass procedures and has also obtained Israeli AMAR certification [7] - The arterial blood gas (ABG) analyzers market is projected to grow from $3.5 million in 2023 to $88.5 million by 2030, with a CAGR of 7.1%, driven by the increasing use of minimally invasive diagnostic techniques [8] - The point-of-care diagnostics market was valued at $36.6 billion in 2022 and is expected to reach $74.8 billion by 2033, indicating strong growth potential for Inspira's HYLA sensor [9] Recent Developments - In August, Inspira received FDA listing for its INSPIRA CART, designed to enhance healthcare delivery during cardiopulmonary bypass procedures [10] - A recent evaluation showed that the integrated system of the INSPIRA ART100 exceeded 100% of the standard value for gas transfer at maximum flow, confirming its effectiveness in managing blood parameters [12] Financial Performance - Inspira's shares have increased by 1.9% this year, compared to a 10% growth in the industry [13]
Inspira™ to Publish HYLA™ Clinical Results in Fourth Quarter 2024
Prnewswire· 2024-08-28 12:45
The clip-on HYLA™ blood sensor, designed to alert physicians of immediate signs of changes in a patient's clinical condition without the need for intermittent actual blood samples, targets a potential $2.5 billion Point of Care testing and Arterial Blood Gas (ABG) analyzer market. RA'ANANA, Israel, Aug. 28, 2024 /PRNewswire/ -- Inspira Technologies OXY B.H.N. Ltd. (Nasdaq: IINN) (Nasdaq: IINNW) ("Inspira" or the "Company"), a leader in life-support technology innovation, has announced plans to report clinic ...
INSPIRA (IINN) CART Gets FDA Listing, to Enhance Healthcare
ZACKS· 2024-08-23 16:41
Inspira Technologies OXY B.H.N. Ltd. (IINN) recently announced the FDA listing of its INSPIRA CART. This medical cart, designed for use with the INSPIRA ART100 system, aims to enhance healthcare delivery in operating rooms during cardiopulmonary bypass procedures. The FDA classification as a Class I Medical Device and 510(K) Exempt highlights its compliance with rigorous safety and efficacy standards, paving the way for its introduction to the U.S. market. Significance of the Announcement The FDA listing of ...
Inspira™ Technologies Announces FDA Listing and Market Readiness of New Product
Prnewswire· 2024-08-22 12:00
Core Viewpoint - Inspira Technologies has received FDA listing for its INSPIRA™ CART, designed to enhance the INSPIRA™ ART100 system, aiming to improve healthcare delivery in various clinical settings [1][2]. Company Overview - Inspira Technologies focuses on life-support technology innovation, targeting a combined market opportunity of approximately $59 billion annually through its advanced blood oxygenation and monitoring technologies [3]. Product Development - The INSPIRA™ CART is classified as a Class I Medical Device and is 510(K) Exempt, facilitating its entry into the U.S. market for use in cardiopulmonary bypass procedures [2][7]. - The company is developing several products, including the HYLA™ blood sensor for continuous blood parameter monitoring and the INSPIRA™ Cardi-ART, a portable unit for brain oxygenation during cardiac arrest [4][5][6]. Regulatory Status - The INSPIRA™ ART100 system has received FDA 510(k) clearance for cardiopulmonary bypass procedures and AMAR certification for extra-corporeal membrane oxygenation [7].
Inspira Technologies Oxy B.H.N. .(IINN) - 2024 Q2 - Quarterly Report
2024-08-15 20:01
Exhibit 99.1 INSPIRA TECHNOLOGIES OXY B.H.N. LTD. INTERIM CONDENSED FINANCIAL STATEMENTS AS OF JUNE 30, 2024 UNAUDITED _______________________ ________________ ____________ INSPIRA TECHNOLOGIES OXY B.H.N. LTD. (UNAUDITED) The accompanying notes are an integral part of the financial statements. - 1 - INSPIRA TECHNOLOGIES OXY B.H.N. LTD. UNAUDITED INTERIM CONDENSED BALANCE SHEETS (U.S. dollars in thousands) TABLE OF CONTENTS | Interim condensed balance sheets | 1-2 | | --- | --- | | Interim condensed statemen ...
Inspira™ Technologies Introduces the INSPIRA Cardi-ART, Aiming to Provide Oxygen to the Brain During Cardiac Arrest
Prnewswire· 2024-07-30 11:30
RA'ANANA, Israel, July 30, 2024 /PRNewswire/ -- Inspira Technologies OXY B.H.N. Ltd. (Nasdaq: IINN) (Nasdaq: IINNW) (the "Company", "Inspira", or "Inspira Technologies"), a trailblazer in life-support technology, proudly introduces the INSPIRA Cardi-ART, a portable modular device, currently in development, to provide oxygen to the brain during cardiac arrest (the "Device" or "INSPIRA Cardi-ART"). Inspira™ Technologies targets to reshape the respiratory and life-support landscape. We are developing novel exp ...