INSPIRA ART system

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Inspira Technologies Receives Nasdaq Notification Regarding Minimum Bid Requirement
Prnewswire· 2025-03-13 20:30
Core Viewpoint - Inspira Technologies has received a notice from Nasdaq indicating non-compliance with the minimum bid price requirement, as its ordinary shares have been trading below $1.00 for 30 consecutive business days [1][2]. Compliance Period and Requirements - The company has been granted a 180-calendar day compliance period until September 8, 2025, to regain compliance by ensuring the closing bid price meets or exceeds $1.00 for at least 10 consecutive business days [2]. - If compliance is not achieved by the deadline, the company may qualify for a second 180-calendar day compliance period, provided it meets other listing requirements and notifies Nasdaq of its intention to cure the deficiency [3]. Monitoring and Future Actions - The company plans to monitor the closing bid price of its ordinary shares and will consider options to regain compliance within the specified period [4]. - Despite the notice, the company's ordinary shares will continue to be listed and traded on the Nasdaq Capital Market during this compliance period [4]. Company Overview - Inspira Technologies is focused on developing innovative respiratory support and diagnostic technologies, with its flagship product, the INSPIRA ART system, designed to improve critical care by stabilizing oxygen levels without mechanical ventilation [6]. - The INSPIRA ART100 system has received regulatory approvals for use in cardiopulmonary bypass procedures in both the U.S. and Israel [6]. - The company is also developing the HYLA™ blood sensor technology for continuous, real-time blood monitoring without blood draws, along with other pipeline products that are currently in development [6].
Inspira Technologies Announces Positive Results from Clinical Study of HYLA Blood Sensor, Achieving 96% Accuracy
Prnewswire· 2025-03-04 13:30
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]