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Inspira Receives Nasdaq Notification Regarding Minimum Market Value Deficiency
Globenewswire· 2026-02-25 21:10
Ra’anana, Israel, Feb. 25, 2026 (GLOBE NEWSWIRE) -- Inspira™ Technologies OXY B.H.N. Ltd. (NASDAQ: IINN, IINNW) (“Inspira Technologies” or the “Company”), a pioneer in innovative life-support and diagnostic technologies, today announced that on February 19, 2026, it received written notice (the “Notice”) from The Nasdaq Stock Market (“Nasdaq”) advising the Company that it was not in compliance with Listing Rule 5550(b)(2) requiring companies listed on the Nasdaq Capital Market to maintain a minimum market v ...
Inspira Expands U.S. Commercial Footprint: Deploys ART100 at a New Premier New York Academic Medical Center, Ranked Top 10 in New York State
Globenewswire· 2026-02-18 13:32
Core Insights - Inspira Technologies has initiated a structured commercial evaluation of its FDA-cleared INSPIRA™ ART100 system at a leading U.S. academic medical center, expanding its presence in the Tier-1 U.S. hospital market [1][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 approved for cardiopulmonary bypass in the U.S. and ECMO procedures outside the U.S., serving as a foundation for the development of the next-generation INSPIRA ART500 system [5] - The company is also advancing the HYLA™ platform, a proprietary blood sensor offering continuous, non-invasive monitoring [5] Market Positioning - The deployment of the ART100 system is part of the company's U.S. commercial strategy, aiming to convert high-profile evaluations into a sustainable commercial pipeline [4] - The partnering institution is ranked among New York State's top 10 hospitals, indicating the ART100's alignment with the operational and clinical demands of top-tier U.S. healthcare providers [2][4]
Inspira Accelerates U.S. Commercial Strategy: FDA-Cleared ART100 Targets Market Adoption at AmSECT 2026 via Glo-Med Networks
Globenewswire· 2026-02-17 13:00
Core Insights - Inspira Technologies announced a strategic commercial showcase of its FDA-cleared INSPIRA™ ART100 system at the AmSECT 64th International Conference, scheduled for March 25–29, 2026, in Austin, Texas [1][4] Group 1: Commercial Strategy - The showcase aims to engage directly with decision-makers in hospitals, enhancing the company's U.S. commercial strategy and expanding clinical partnerships and distribution [3][7] - The ART100 system has received FDA 510(k) clearance, validating its readiness for clinical integration in cardiopulmonary bypass procedures [7] Group 2: Product Overview - The INSPIRA™ ART100 system is approved for cardiopulmonary bypass in the U.S. and ECMO procedures outside the U.S., serving as a foundation for the development of the next-generation INSPIRA ART500 system [5] - The company is also advancing the HYLA™ blood sensor platform, which offers continuous, non-invasive monitoring [5] Group 3: Industry Context - The AmSECT International Conference is a key global event for perfusion technology, featuring cutting-edge medical technologies and expert-led sessions [4]
Inspira Technologies Announces Receipt of Nasdaq Notification Regarding Minimum Bid Price Requirement
Globenewswire· 2026-02-12 21:01
Core Viewpoint - Inspira Technologies has received a notification from Nasdaq regarding non-compliance with the minimum bid price requirement, as its ordinary shares have been trading below $1.00 for the last 30 consecutive business days [1][2]. Compliance and Trading Status - The notification does not immediately affect the listing or trading of the Company's ordinary shares, which will continue to trade under the symbol "IINN" on The Nasdaq Capital Market [2]. - The Company has a compliance period of 180 calendar days, until August 10, 2026, to regain compliance by ensuring the closing bid price is at least $1.00 for a minimum of ten consecutive business days [2][3]. Potential for Additional Compliance Period - If compliance is not regained by August 10, 2026, 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 compliance period [4]. Company Overview - Inspira Technologies is a commercial-stage medical device company focused on advanced respiratory support and real-time blood monitoring solutions, with FDA-cleared products including the INSPIRA™ ART100 system and the upcoming INSPIRA ART500 system [5]. - The Company is also developing the HYLA™ blood sensor platform for continuous, non-invasive monitoring, positioning itself as a significant player in the life-support and MedTech sectors [5].
Inspira Secures Vendor Approval from $12 Billion Revenue HMO (World’s 2nd Largest), Enabling Immediate ART100 Deployment
Globenewswire· 2026-02-09 12:00
Core Insights - Inspira Technologies has received official approval from Clalit Health Services for the INSPIRA™ ART100 system, marking a significant commercial advancement for the company [1][4]. Commercial Activation - The approval allows the ART100 to transition from regulatory clearance to active commercial availability within Clalit, which serves approximately 4.9 million members [7]. - Clalit operates 14 major hospitals and over 1,600 clinics, providing access to one of the most sophisticated healthcare supply chains globally [7]. Validation of Clinical Value - The approval follows a rigorous technical and clinical review by the Professional Committee for Medical Equipment, confirming the ART100's safety and efficacy profile [7]. - This validation serves as a powerful reference case for Inspira Technologies as it accelerates commercialization efforts in the U.S. and other global markets [4]. Strategic Positioning - The CEO of Inspira Technologies emphasized that securing vendor status with Clalit is a definitive commercial inflection point, comparable to leading U.S. integrated systems like Kaiser Permanente [3]. - The company views this approval as a foundation for potentially long-term, high-quality revenue [4]. Product Overview - The INSPIRA™ ART100 system is FDA-cleared 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 Announces Pricing of $4.75 Million Registered Direct Offering and Concurrent Private Placement Priced At-the-Market under Nasdaq Rules
Globenewswire· 2026-02-05 13:00
Core Viewpoint - Inspira Technologies has announced a registered direct offering of 6,785,715 ordinary shares at a price of $0.70 per share, expected to raise approximately $4.75 million before expenses [1][2]. Group 1: Offering Details - The offering is set to close on or about February 6, 2026, pending customary closing conditions [2]. - The net proceeds from the offering will be utilized for working capital and general corporate purposes [2]. - A.G.P./Alliance Global Partners is acting as the sole placement agent for this offering [2]. Group 2: Securities and Registration - The ordinary shares are being offered under a prospectus supplement to be filed with the SEC, linked to the Company's effective shelf registration statement [3]. - The warrants issued in a concurrent private placement will have an exercise price of $0.70 per share and will be exercisable six months after issuance, expiring in 5.5 years [1][3]. Group 3: Existing Warrants Amendment - Existing warrants issued to the investor in December 2023, originally priced at $1.28, will be amended to a reduced exercise price of $0.70 per share, expiring five years from the closing date [5]. Group 4: Company Overview - Inspira Technologies specializes in advanced respiratory support and real-time blood monitoring solutions, with FDA-cleared products including the INSPIRA™ ART100 system [6]. - The company is developing the INSPIRA ART500 system for oxygenation while patients remain awake and is advancing the HYLA™ blood sensor platform for continuous, non-invasive monitoring [6]. - With a growing IP portfolio and strategic operational streamlining, Inspira Technologies is positioned as an attractive player in the life-support and MedTech sectors [6].
ART100 Becomes Inspira’s First System to Complete Clinical Evaluation and Enters Budgeted Procurement at Top U.S. Medical Center
Globenewswire· 2026-01-29 13:30
Core Insights - Inspira Technologies has successfully completed the clinical evaluation of its FDA-cleared INSPIRA™ ART100 system, which is now moving to a budgeted procurement process at a leading U.S. academic medical center [1][3] Group 1: Clinical Evaluation and Procurement - The ART100 system is the first of its kind at this institution to transition from pilot use to standard clinical workflow after treating approximately 30 patients across various medical indications, including life-saving procedures, surgeries, and transplants [2][3] - Following the completion of the clinical phase, the medical center has initiated an internal procurement process for multiple ART100 systems, which is now subject to budget release [3] Group 2: Company Positioning and Technology Validation - The CEO of Inspira Technologies highlighted that reaching this milestone at a top academic medical center validates the clinical value and reliability of the ART100 technology, which has been integrated into routine workflow due to positive feedback from medical staff [4] - The completion of the clinical phase and the advancement to procurement is seen as a significant strengthening of the company's U.S. commercial positioning and supports broader adoption of the ART100 platform across leading healthcare institutions [4] Group 3: Company Overview - Inspira Technologies is a commercial-stage medical device company specializing 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 advancing the HYLA™ blood sensor platform for continuous, non-invasive monitoring [5]
Inspira Advances to Final Governmental Budgetary Validation Procedures for Previously Announced Binding Purchase Orders
Globenewswire· 2026-01-21 13:50
Core Insights - Inspira Technologies has made significant progress in executing its binding purchase orders totaling $49.5 million, with advancements to the final budgetary validation and fund allocation stage [2][4]. Group 1: Purchase Orders Update - The company received formal notification that the $22.5 million and $27 million binding purchase orders have advanced to the final budgetary validation stage [2]. - Approximately 91% of the purchase orders have cleared commercial and administrative review stages and are now undergoing final budgetary authorization procedures [3]. - Payment and revenue recognition related to these purchase orders is expected during the 2026 fiscal cycle, aligned with the completion of the governmental budgetary cycle [4]. Group 2: Company Overview - Inspira Technologies specializes in advanced respiratory support and real-time blood monitoring solutions, with its FDA-cleared INSPIRA™ ART100 system approved for cardiopulmonary bypass in the U.S. and ECMO procedures outside the U.S. [5]. - The company is developing the INSPIRA ART500, a next-generation system designed for oxygenation while patients remain awake and spontaneously breathing [5]. - Inspira is also advancing the HYLA™ blood sensor platform, which offers continuous, non-invasive monitoring, positioning the company as an attractive platform within the life-support and MedTech landscape [5].
CORRECTION – Inspira Signs Term Sheet for Acquisition of Advanced Liquid Biopsy Cancer Diagnostics Technology and Investment of $15 Million into Inspira at $180 Million Valuation
Globenewswire· 2026-01-05 15:46
Core Viewpoint - Inspira Technologies is positioning itself to enter the multi-billion dollar liquid biopsy diagnostics market through a proposed acquisition and a strategic equity investment of $15 million, while ensuring protections for existing shareholders [1][2]. Equity Investment - The proposed transaction includes a $15 million equity investment at a premium to the current market capitalization, based on a pre-money valuation of $180 million, reflecting the strategic investor's assessment of the liquid biopsy technology's potential [3]. - The identity of the strategic investor will be disclosed after shareholder approval and execution of definitive agreements, with $12 million of the investment proceeds allocated to fund existing technologies [4]. Strategic Acquisition - The acquisition involves an advanced liquid biopsy diagnostics business, allowing Inspira to enter the growing liquid biopsy market with a proprietary platform designed for cancer characterization [5]. - The platform has shown high concordance with traditional tissue biopsy in clinical studies, indicating its potential to provide valuable diagnostic insights [5][6]. - The initial clinical focus of the platform is on breast cancer, with a projected global liquid biopsy market size of approximately $58 billion over the next decade [6]. Regulatory Pathway - Following the acquisition, the company plans to pursue FDA clearance for the liquid biopsy platform through the 510(k) regulatory pathway, leveraging existing regulatory precedents [7]. - An existing reimbursement code is already in place for the intended clinical use, facilitating a clear path to reimbursement upon regulatory clearance [8]. Shareholder Protection Framework - The transaction includes a shareholder protection framework to preserve the economic upside of existing technologies for current shareholders while allowing participation in the growth potential of the liquid biopsy platform [9]. - Existing shareholders are expected to receive contingent value rights, ensuring that future realizations of value from respiratory technology assets are allocated exclusively to them [9]. Company Overview - Inspira Technologies specializes in advanced respiratory support and real-time blood monitoring solutions, with FDA-cleared products and a growing IP portfolio [10].
Inspira Signs Term Sheet for Acquisition of Advanced Liquid Biopsy Cancer Diagnostics Technology and Concurrent $15 Million Investment at $180 Million Valuation
Globenewswire· 2026-01-05 14:30
Core Viewpoint - Inspira Technologies has announced a proposed two-part transaction involving the acquisition of a liquid biopsy diagnostics business and a concurrent $15 million strategic equity investment, aimed at expanding into the high-growth diagnostics market [1][2]. Equity Investment - The transaction includes a $15 million equity investment at a premium to the current market capitalization, based on a pre-money valuation of $180 million, reflecting the strategic investor's assessment of the liquid biopsy technology's value [3]. - The identity of the strategic investor will be disclosed after shareholder approval and execution of definitive agreements, with $12 million of the investment proceeds allocated to fund existing respiratory and blood monitoring technologies [4]. Strategic Acquisition - The acquisition involves an advanced liquid biopsy diagnostics business through an all-share transaction, allowing entry into the growing liquid biopsy market with a proprietary platform designed for cancer characterization [5]. - The platform has shown high concordance with traditional tissue biopsy in clinical validation studies, indicating its potential to provide meaningful diagnostic insights [5][6]. - The initial clinical focus of the platform is on breast cancer, with applicability across other oncology indications, and the global liquid biopsy market is projected to reach approximately $58 billion in the next decade [6]. Regulatory Pathway - Following the acquisition, the company plans to pursue FDA clearance for the liquid biopsy platform through the 510(k) regulatory pathway, leveraging existing reimbursement codes for intended clinical use [7]. Shareholder Protection Framework - The transaction includes a shareholder protection framework to preserve the economic upside of existing respiratory and blood-monitoring platforms for current shareholders while allowing participation in the growth potential of the liquid biopsy platform [9].