RA'ANANA, Israel, Sept. 18, 2025 (GLOBE NEWSWIRE) -- Inspira™ Technologies OXY B.H.N. Ltd. (NASDAQ: IINN) ("Inspira," “Inspira Technologies,” or the "Company"), a pioneer in innovative life-support and diagnostic technologies, today announced it will present its HYLA blood sensor (“HYLA”) to the global medical community for the first time. The presentation will take place at the U.S. ELSO Annual Conference in Washington, D.C., between September 27–30, 2025. This official unveiling follows the Company’s rece ...

RA'ANANA, Israel, Sept. 11, 2025 (GLOBE NEWSWIRE) -- Inspira™ Technologies OXY B.H.N. Ltd. IINN ("Inspira," "Inspira Technologies," or the "Company"), a pioneer in innovative life-support and diagnostic technologies, today announced pivotal results for its HYLA blood sensor, achieving 97.35% accuracy in its latest performance testing phase that will support its upcoming U.S. Food and Drug Administration ("FDA") submission. These results represent a significant advancement from the initial data obtained in a ...

Core Insights - Inspira Technologies has successfully deployed its FDA-cleared INSPIRA ART100 system at a premier hospital in New York, marking a significant milestone in the company's deployment plan for cardiopulmonary bypass procedures [1][2][3] - The installation is expected to validate the clinical value of Inspira's innovative approach to extracorporeal life support and establish a commercial presence in the U.S. healthcare market [3][4] - The company aims to revolutionize the $19 billion mechanical ventilation market with its flagship INSPIRA ART500 system, which is designed to replace a significant portion of the estimated 100,000 ventilators in the U.S. with a safer alternative [3][5] Company Overview - Inspira Technologies focuses on developing innovative respiratory support and diagnostic technologies, with its flagship INSPIRA ART500 system enabling patients to remain awake during treatment while stabilizing oxygen levels without mechanical ventilation [5] - The INSPIRA ART100 system has received regulatory approvals for cardiopulmonary bypass procedures in both the U.S. and Israel, and the company is also developing the HYLA blood sensor technology for continuous blood monitoring [5]

Core Insights - Inspira Technologies experienced a transformative year in 2024, marked by significant technological advancements and regulatory milestones, including FDA clearance for the INSPIRA ART100 system [2][4] - The company aims to advance its flagship INSPIRA ART core technologies and plans to submit the HYLA blood monitoring sensor for FDA clearance in the second half of 2025 [2][5] Recent Business and Operational Highlights - The FDA-cleared INSPIRA ART100 system was deployed to Westchester Memorial Center, NY, for clinical evaluation [5] - A modular configuration for the VORTX blood oxygenation technology was unveiled, enhancing critical care practices [5] - The HYLA blood sensor achieved 96% accuracy in clinical studies, with plans for ongoing studies and FDA submission in 2025 [5] - A dedicated production line was established in partnership with Zriha Medical Ltd. to support the manufacturing of key components [5] - New support features for the INSPIRA ART100 system were introduced to improve efficiency for medical teams [5] - Positive initial results were reported from collaboration with Ennocure MedTech Ltd. for infection prevention technology [5] - Leadership was strengthened with the appointment of Mr. Tal Parnes as Chairman of the Board [5] Full Year 2024 Financial Highlights - Total operating expenses decreased to $11,267,000 in 2024 from $12,133,000 in 2023 [8] - R&D expenses decreased to $6,323,000 in 2024 from $7,320,000 in 2023, attributed to various factors including exchange rates and staffing changes [8] - G&A expenses increased to $4,185,000 in 2024 from $4,063,000 in 2023, primarily due to higher professional fees and compensation [8] - Net loss attributable to ordinary shareholders was $11,053,000 in 2024, compared to $11,286,000 in 2023 [8][10] - Cash position as of December 31, 2024, was $5,779,000, down from $7,361,000 in 2023, indicating financial stability for ongoing development [8] Balance Sheet Overview - Total assets decreased to $8,070,000 as of December 31, 2024, from $9,310,000 in 2023 [9] - Current assets included cash and cash equivalents of $5,111,000 and cash deposits of $668,000 [9] - Total liabilities increased slightly to $3,370,000 in current liabilities as of December 31, 2024, from $2,984,000 in 2023 [9]

Core Insights - Inspira Technologies announced positive results from its clinical study of the AI-powered HYLA blood sensor, achieving 96% accuracy for a key parameter compared to traditional blood test analyzers [2][3] - The HYLA technology aims to provide continuous, real-time blood monitoring without the need for blood draws, targeting multiple multi-billion-dollar market segments [1][5] - The company plans to submit for FDA approval in the second half of 2025, with the goal of deploying the technology in U.S. hospitals for data collection and post-market validation [4][6] Clinical Study Details - The clinical study involved 6 patients undergoing open-heart surgery, where the HYLA sensor was attached to monitor blood flow during the procedure [2][3] - The HYLA sensor demonstrated 92.3% accuracy in identifying oxygen deficiencies, showcasing its potential for early detection and personalized care [2][3] - Data from the clinical study will be used to enhance the AI algorithms and improve the accuracy of the monitoring system [2][3] Market Potential - The HYLA blood sensor targets the blood gas analyzer market, projected to reach $5.7 billion by 2030, and could strengthen Inspira's position in the $19 billion mechanical ventilation market [5] - The technology is designed for versatility across various clinical settings, including intensive care units and operating rooms, with applications in critical care monitoring and emergency medicine [5][6] Company Overview - Inspira Technologies focuses on developing innovative respiratory support and diagnostic technologies, with its flagship INSPIRA ART system aimed at revolutionizing critical care [6][7] - The company has received regulatory approvals for its INSPIRA ART100 system for cardiopulmonary bypass procedures in the U.S. and Israel [7]