Inspira™ Announces Establishment of Distribution Facility to Support U.S. Deployment of INSPIRA™ ART100

Core Viewpoint - Inspira Technologies has signed a distribution agreement with Glo-Med Networks Inc, designating Glo-Med as the primary distributor and customer support center for Inspira's INSPIRA ART100 in the U.S. market, aiming to enhance operational efficiency and customer service capabilities [2][4]. Group 1: Distribution Agreement and Facility - The distribution facility located in Florida will support the deployment and maintenance of the INSPIRA ART100 system and may facilitate the commercialization of additional products in the U.S. market in the future [3]. - Glo-Med will fully operate the medical distribution and service facility, which will serve as a central hub for Inspira's logistics operations, ensuring timely and efficient distribution of the Company's medical devices [3]. - The facility will include a dedicated customer support team and provide certified after-market services through a partnership with Med-Stat Consulting Services [3]. Group 2: Product Overview and Market Potential - The INSPIRA ART100 has received FDA 510(k) clearance for Cardiopulmonary Bypass procedures and aims to revolutionize life support for millions of acute respiratory failure patients each year [2][6]. - The INSPIRA ART device targets 20 million patients annually and has an estimated market opportunity of $19 billion, offering an alternative to mechanical ventilators by stabilizing oxygen saturation levels without sedation [2][5]. - The INSPIRA ART is equipped with the HYLA blood sensor for real-time continuous blood monitoring, which aims to assist physicians in making informed decisions without the need for intermittent blood samples [5]. Group 3: Leadership Statements - Joe Hayon, co-founder and President of Inspira Technologies, emphasized that the distribution agreement is a crucial milestone for introducing Inspira's technologies to the market [4]. - Matus Knoblich, CEO of Glo-Med, expressed confidence that the collaboration will create a vertically integrated business model, enhancing service and support for customers [4].