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Inspira Activates U.S. Based Consulting Firm to Execute Transformational Initiatives
Globenewswire· 2025-07-31 13:15
Core Insights - Inspira Technologies has engaged a leading consulting firm to enhance strategic expansion, partner engagement, and advanced structuring pathways [1][4] - The consulting firm specializes in assisting biotech and medtech companies at critical inflection points, focusing on high-value strategic transactions and commercial growth [2] - Recent developments include major purchase orders, national-level strategic frameworks with government health authorities, and clinical integration of the ART100 system in Tier-1 U.S. hospitals, positioning the company for commercial scaling [3] Company Overview - Inspira Technologies is a commercial-stage medical device company specializing in advanced respiratory support and real-time blood monitoring solutions [5] - The INSPIRA™ ART100 system is FDA-cleared for cardiopulmonary bypass in the U.S. and ECMO procedures outside the U.S., with plans for the next-generation INSPIRA ART500 system [5] - The company is also advancing the HYLA™ blood sensor platform for continuous, non-invasive monitoring, and is positioned as an attractive platform within the life-support and MedTech landscape [5]
Inspira Regains Compliance with Nasdaq Minimum Bid Price Requirement
Globenewswire· 2025-07-18 12:10
Core Insights - Inspira Technologies has regained compliance with Nasdaq Listing Rule 5550(a)(2) regarding minimum bid price requirements, confirming the closing bid price was at or above $1.00 per share for 10 consecutive business days [1][2] Company Developments - The CEO of Inspira Technologies, Dagi Ben-Noon, highlighted that the compliance milestone reflects growing market confidence in the company's strategic direction, emphasizing a transformative shift marked by securing a large commercial order and establishing a government partnership for national adoption and global scaling [3] - Recent achievements include the clinical integration of the ART100 system in Tier-1 U.S. hospitals, expansion of manufacturing capabilities, and a significant $22.5 million purchase order, which are seen as catalysts for ongoing discussions with commercial and governmental entities worldwide [3] Product and Technology Focus - Inspira Technologies specializes in advanced respiratory support and real-time blood monitoring solutions, with its INSPIRA™ ART100 system cleared by the U.S. FDA for cardiopulmonary bypass and ECMO procedures [4] - The company is also developing the INSPIRA ART500, a next-generation system designed for oxygenation while patients remain awake, and advancing the HYLA™ blood sensor platform for continuous, non-invasive monitoring [4] - With multiple cleared products and a growing intellectual property portfolio, Inspira Technologies is positioned as an attractive player in the life-support and MedTech landscape, aligning with industry trends such as consolidation and strategic partnerships [4]
Inspira Achieves All Key Objectives in Previously Announced Government Talks, Forging a Pathway to National Adoption and Global Scale-Up of the ART100
Globenewswire· 2025-07-10 13:25
Core Insights - Inspira Technologies has successfully achieved key strategic objectives in discussions with a government health authority, paving the way for the nationwide adoption of its ART100 system [1][2][4] - The government recognizes the ART100 as a clinically validated system, which has initiated a national integration process [2] - A strategic framework has been established to accelerate the integration of ART100 into the national emergency infrastructure and to create a global distribution and manufacturing hub [3][4] Company Overview - Inspira Technologies specializes in advanced respiratory support and real-time blood monitoring solutions, with its ART100 system approved for cardiopulmonary bypass in the U.S. and ECMO procedures outside the U.S. [5] - The company is also developing the next-generation INSPIRA ART500 system and advancing the HYLA blood sensor platform for continuous, non-invasive monitoring [5] - Recent internal shifts within the company may align with broader industry trends such as consolidation and potential strategic partnerships [5]
Inspira in High-Level Government Talks to Advance National Integration of the ART100 and Establish a Global Distribution Framework
Globenewswire· 2025-07-07 12:50
Core Insights - Inspira Technologies is engaged in high-level discussions with a government health authority outside the U.S. to integrate its FDA-cleared ART100 system into national emergency infrastructure and establish a global distribution framework [1][2][5] - The meeting scheduled for July 8, 2025, aims to define key terms and a roadmap for this strategic collaboration, initiated by the government seeking next-generation medical technologies [2][3] - The government involved has extensive commercial ties and diplomatic channels, which will be leveraged to enhance the profitability of a recent $22.5 million purchase order received by Inspira [3][4] Company Overview - Inspira Technologies specializes in advanced respiratory support and real-time blood monitoring solutions, with its ART100 system approved for cardiopulmonary bypass in the U.S. and ECMO procedures outside the U.S. [6] - The company is also developing the INSPIRA ART500, a next-generation system for oxygenation while patients remain awake, and advancing the HYLA blood sensor platform for continuous, non-invasive monitoring [6] - Recent internal shifts within the company may align with broader industry trends such as consolidation, cross-sector collaboration, and potential strategic partnerships [6]
Inspira Technologies Secures $22.5 Million Purchase Order, Launches Full Revenue Execution Phase
Globenewswire· 2025-07-02 13:23
Core Insights - Inspira Technologies has secured a binding purchase order worth $22.5 million for its FDA-cleared ART100 system, marking a significant commercial milestone for the company [1][3][4] - The order is expected to be fully paid during 2025, with immediate implementation already underway [2] - This purchase order is seen as a small portion of the total addressable market that Inspira is targeting globally, indicating potential for further growth [3] Company Developments - The CEO of Inspira Technologies highlighted that this order reflects confidence in their technology and confirms market demand, paving the way for future global deployments [4] - The company is in advanced negotiations with additional healthcare companies and governmental institutions, which may lead to further commercial agreements soon [4][5] - Recent milestones for the company include successful clinical integration in Tier-1 hospitals and expansion of manufacturing capabilities [5] Product and Market Position - Inspira Technologies specializes in advanced respiratory support and real-time blood monitoring solutions, with its ART100 system approved for cardiopulmonary bypass in the U.S. and ECMO procedures outside the U.S. [6] - The company is also developing the next-generation INSPIRA ART500 system and a proprietary blood sensor platform, HYLA™, which enhances its position in the life-support and MedTech landscape [6] - With multiple cleared products and a growing intellectual property portfolio, Inspira is strategically aligning with long-term industry trends such as consolidation and cross-sector collaboration [6]
Inspira's ART100 in Use at Tier-1 U.S. Hospitals, Generating Strong Clinical Interest and Accelerating Sales Discussions
Globenewswire· 2025-06-11 13:10
Core Insights - Inspira Technologies has begun to see positive impacts from the adoption of its FDA-cleared ART100 system, marking a significant milestone in its commercialization efforts [1][4] - The ART100 system has been successfully integrated into clinical workflows at leading tier-one U.S. hospitals, indicating growing confidence in its capabilities [2][4] - There is increasing interest from additional U.S. and international healthcare institutions and governmental authorities regarding the ART100, prompting the company to scale up operational capabilities [3][4] Company Overview - Inspira Technologies specializes in advanced respiratory support and real-time blood monitoring solutions, with the ART100 system approved for cardiopulmonary bypass in the U.S. and ECMO procedures outside the U.S. [5] - The company is also developing the INSPIRA ART500, a next-generation system designed for oxygenation while patients remain awake and breathing spontaneously [5] - Inspira is advancing its proprietary blood sensor platform, HYLA™, which offers continuous, non-invasive monitoring, positioning the company as an attractive player in the life-support and MedTech landscape [5]
CORRECTION - Inspira Scales Up ART100 Production Capabilities Amid Advanced Negotiation with European Government Authority
Globenewswire· 2025-06-05 15:15
Core Insights - Inspira Technologies is scaling up production capabilities for its FDA-cleared INSPIRA™ ART100 system in response to anticipated demand from a European governmental authority, with advanced-stage procurement negotiations underway [1][2][3] - The ART100 system is already in clinical use in the U.S. and is recognized as a reliable device for critical care and emergency preparedness [2][3] - The company aims to fast-track revenue generation from the ART100 system while continuing to develop next-generation platforms, including the ART500 and HYLA™ blood sensor [3][4] Company Overview - Inspira Technologies specializes in advanced respiratory support and real-time blood monitoring solutions, with the ART100 system approved for cardiopulmonary bypass in the U.S. and ECMO procedures outside the U.S. [5] - The ART500 is a next-generation system designed to provide oxygenation while patients remain awake and spontaneously breathing, and the HYLA™ platform offers continuous, non-invasive blood monitoring [5] - The company is positioned as an attractive platform within the critical care and MedTech landscape, reflecting broader industry trends such as consolidation and cross-sector collaboration [5]
Inspira Scales Up ART100 Production Capabilities Amid Advanced Negotiation with European Government Authority
Globenewswire· 2025-06-05 13:15
Core Insights - Inspira Technologies has scaled up production capabilities for its FDA-cleared INSPIRA ART100 system in anticipation of demand from a European governmental authority, with advanced-stage procurement negotiations ongoing [1][2][3] - The ART100 system is already in clinical use in the U.S. and is recognized as a reliable device for critical care and emergency preparedness [2][3] - The company aims to fast-track revenue generation from the ART100 system while continuing to develop next-generation platforms, including the ART500 and HYLA blood sensor [3][4] Company Overview - Inspira Technologies specializes in advanced respiratory support and real-time blood monitoring solutions, with the ART100 system approved for cardiopulmonary bypass in the U.S. and ECMO procedures outside the U.S. [5] - The ART500 is a next-generation system designed to provide oxygenation while patients remain awake and spontaneously breathing, and the HYLA platform offers continuous, non-invasive blood monitoring [5] - The company is positioned as an attractive platform within the critical care and MedTech landscape, reflecting broader industry trends such as consolidation and potential strategic partnerships [5]
Inspira Technologies Aligns Executive Team Amid Corporate Structuring Initiatives
Globenewswire· 2025-05-27 12:30
Company Overview - Inspira Technologies OXY B.H.N. Ltd. is a pioneering company in advanced respiratory support and diagnostic systems, recently announcing changes in its executive structure to align with long-term strategic goals [1][4] - The company 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 [5][6] Leadership Changes - Joe Hayon, Co-Founder and President, will step down from his operational role but remain an active Board member, indicating a streamlined leadership framework [2][3] - The decision not to appoint a successor for the President role aims to enhance operational clarity and strategic flexibility as the company enters a new phase [2][3] Strategic Positioning - The company is advancing its portfolio of proprietary respiratory technologies, focusing on innovation and addressing unmet global needs [4][6] - Recent internal shifts reflect alignment with industry trends such as consolidation and cross-sector collaboration, positioning Inspira as an attractive platform within the critical care and MedTech landscape [6]
Inspira Technologies Announces Successful Treatment of First Patient with INSPIRA ART100 at Westchester Medical Center
Newsfilter· 2025-04-07 12:30
Core Insights - Inspira Technologies has successfully completed the first human treatment using its FDA-cleared INSPIRA ART100 system in a critical life-support procedure, marking a significant milestone for the company [1][2][3] - The procedure was performed at Westchester Medical Center, where the INSPIRA ART100 provided effective heart and lung support, demonstrating its clinical readiness and reliability [2][3] - The company aims to expand the clinical use of the INSPIRA ART100 across leading hospitals in collaboration with its U.S. distributor, Glo-Med Networks Inc. [3][4] Company Overview - Inspira Technologies specializes in developing innovative respiratory support and diagnostic technologies, with its flagship product being the INSPIRA ART500 system, which aims to revolutionize critical care [4] - The INSPIRA ART100 system has received regulatory approvals for cardiopulmonary bypass procedures in both the U.S. and Israel, showcasing its potential in critical care settings [4] - The company's HYLA blood sensor technology is designed for continuous, real-time blood monitoring without the need for blood draws, indicating a focus on advancing medical technology [4] Collaboration and Market Strategy - Glo-Med Networks Inc. is responsible for the installation, training, and professional services related to the clinical use of the INSPIRA ART100, highlighting the importance of partnerships in the company's strategy [3][6] - Glo-Med has extensive access to next-generation medical products globally, which could facilitate the broader adoption of Inspira's technologies in various markets [6]