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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]
Grupo Bafar Reports Second quarter 2025 Results
Globenewswire· 2025-07-25 23:36
Core Insights - Grupo Bafar reported sustained growth in Q2 2025, driven by innovation, digitalization, and expansion strategies across all divisions [1][3] Financial Performance - Grupo Bafar achieved sales of $7,567 million pesos in Q2 2025, a 14.7% increase year-over-year [4] - EBITDA reached $989 million pesos, reflecting a growth of 16.4% with a margin of 13.2% [5] - Fibra Nova reported earnings of $392 million pesos, a 27.5% increase compared to Q2 2024, with EBITDA of $374 million pesos, up 34.4% [6] - Net income for the quarter was $284 million pesos, a 35.5% year-over-year increase [8] - Net sales for the company totaled $7,931 million pesos, with a growth of 15.5% [11] Investments and Expansion - Investments in Bafar Alimentos totaled $651 million pesos, focusing on distribution center expansion and digitalization projects [5] - Fibra Nova's investments reached $752 million pesos, primarily for industrial developments [6] - The Financial Division placed $1,196 million pesos, indicating strong demand for financing [7] Debt and Financial Health - Net cash debt was reduced by 17.3% compared to the same quarter last year, with an LTV ratio of 24.5% [7] - The non-performing loan ratio remained healthy at 2.3% [8] Strategic Outlook - Grupo Bafar plans to continue executing its strategic plan focused on efficiency, digitalization, and commercial expansion [9] - The company is well-positioned to maintain growth and contribute positively to Mexico's economic and social development [9][10]