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Inspira Technologies Oxy BHN Ltd (IINN) delivers innovative respiratory care solutions through its non-invasive INSPIRA ART system and HYLA blood monitoring technology. This page provides investors and healthcare professionals with essential updates on regulatory milestones, product developments, and clinical partnerships shaping the future of critical care.
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Bookmark this page for streamlined access to Inspira Technologies' progress in redefining respiratory support systems. Check back regularly for authoritative reporting on innovations addressing acute respiratory failure and ICU resource challenges.
Inspira Technologies (NASDAQ: IINN) has secured a significant $22.5 million binding purchase order for its FDA-cleared ART100 system from a private company located in a global strategic hub outside the United States. The full payment is scheduled for completion in 2025, marking the company's transition into full-scale revenue generation.
The purchasing organization has established commercial ties with government entities and institutional healthcare customers. Implementation has already begun, with both parties initiating onboarding, logistics planning, and deployment scheduling. CEO Dagi Ben-Noon highlighted this as a validation of their technology and commercial model, following successful clinical use in top U.S. medical centers.
The company is currently in advanced negotiations with additional healthcare companies and governmental institutions across multiple regions, with more commercial agreements expected to be announced soon.
Inspira Technologies (NASDAQ: IINN) announced that its INSPIRA ART100 system has been approved by Israel's largest healthcare provider for clinical validation in organ transplant procedures. The FDA-approved system will be deployed at a renowned Israeli medical center, where transplant specialists will evaluate its potential for maintaining organ viability through blood oxygenation during transplants and post-operative recovery.
The ART100 system received FDA 510(k) clearance in May 2024 for cardiopulmonary bypass procedures and Israeli AMAR certification in July 2024 for both bypass and ECMO procedures. This technology serves as the foundation for Inspira's flagship INSPIRA ART500 system, currently under development, which aims to provide direct blood oxygenation without mechanical ventilation for respiratory care.
Inspira Technologies (Nasdaq: IINN) has announced a significant breakthrough in the in-vivo testing of its VORTX™ technology, achieving above 99% gas exchange efficiency at a defined flow rate. The testing was conducted on an 80 kg swine at Israel's Institute of Animal Research as part of an Israel Innovation Authority-funded initiative.
The VORTX technology, designed to oxygenate blood without the trauma associated with conventional hollow fiber technologies, will be integrated into Inspira's pipeline, including the INSPIRA ART500. The system's unique design maintains zero-pressure difference during oxygenation, potentially reducing harmful blood trauma commonly seen in traditional fiber-based oxygenators.
This successful in-vivo experiment validates previous lab-based findings, demonstrating proof-of-concept and scalability. The company plans to continue evaluating and refining the VORTX oxygen delivery technology, with additional results expected in the near future.
Inspira Technologies (NASDAQ: IINN) has achieved a significant milestone by generating its first revenues from the deployment of FDA-cleared INSPIRA ART100 systems at a premier U.S. academic medical center. The revenue, in the low hundreds of thousands of dollars, comes from U.S. distributor Glo-Med Networks for the recently installed systems.
Additional systems are planned for installation at a second leading academic medical center. The INSPIRA ART100, designed for cardiopulmonary bypass procedures, circulates and oxygenates blood outside the body during cardiac surgeries. This technology serves as the foundation for their flagship INSPIRA ART500 system under development, which aims to provide direct blood oxygenation for respiratory failure patients without mechanical ventilation, targeting the $19 billion mechanical ventilation market.
Inspira Technologies (Nasdaq: IINN) has announced the successful completion of the first human treatment using its FDA-cleared INSPIRA ART100 system at Westchester Medical Center in New York State. The life-support procedure demonstrated effective heart and lung support through blood oxygenation and circulation, with the patient safely transitioning off the system afterward.
Dr. David Spielvogel, Section Chief of Cardiothoracic Surgery at Westchester Medical Center, praised the system's reliability and responsiveness, highlighting the seamless transition during connection and disconnection phases. The procedure's success validates the technology's performance in a real-world clinical environment.
The installation, training, and professional services were managed by Glo-Med Networks Inc., Inspira's U.S. distributor, as they prepare for broader hospital adoption.