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Parkman Healthcare Expands Stake in InspireMD Backing Carotid Innovation
Yahoo Finance· 2025-09-22 01:06
Company Overview - InspireMD, Inc. (NASDAQ:NSPR) is a Florida-based medical device company focused on developing and commercializing treatments for carotid artery and other vascular diseases [4] - The company offers systems such as the CGuard carotid embolic prevention system and the SwitchGuard neuroprotection system [4] Investment Activity - Parkman Healthcare Partners LLC has increased its position in InspireMD, Inc. by 37.1% during the first quarter, acquiring 316,700 shares, resulting in a total ownership of 1,171,416 shares, which is approximately 3.82% of the company [1] Strategic Positioning - InspireMD employs a procedure-agnostic strategy, being the first to invest in a comprehensive toolkit for carotid procedures, enhancing both carotid artery stenting (CAS) and transcarotid artery revascularization (TCAR) [2] - The company has initiated hiring plans to bolster its sales and clinical support teams, which has positively impacted its market engagement and position [3] Leadership Changes - The appointment of Mike Lawless as the new CFO is a significant development, bringing extensive financial experience and a strong commitment to the company's mission [3]