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Inspira Technologies Oxy B.H.N. Ltd. Ordinary Shares - IINN STOCK NEWS

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Inspira Technologies Oxy B.H.N. Ltd. (NASDAQ: IINN) is at the forefront of developing innovative respiratory support technology as an alternative to invasive mechanical ventilation. The company's flagship product, INSPIRA ART100, is a breakthrough in Augmented Respiration Technology designed to maintain optimal oxygen levels in patients without the need for intubation and sedation. This technology is particularly significant in the treatment of respiratory failure and offers a less invasive option compared to traditional mechanical ventilation.

Inspira Technologies operates in various regions, including North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa. The company is involved in the research, development, manufacture, and marketing of proprietary respiratory care devices, aiming to transform the landscape of acute and neonatal care.

Recently, Inspira Technologies has announced several key developments:

  • April 3, 2024: Commencement of a program to explore the use of the INSPIRA ART100 Device for an artificial womb for neonates requiring vital respiratory support.
  • April 10, 2024: Collaborative development with Ennocure MedTech Ltd. on bio-electronic treatment to prevent bloodstream infections in ICU patients, showcasing a 100% reduction in bacterial growth within 24 hours in an in vitro study.
  • April 16, 2024: Signing of a collaboration term sheet with Beilinson Hospital for the evaluation of the INSPIRA ART100 device in organ transplant procedures.
  • April 25, 2024: Receiving CSA Certification of Compliance to U.S. standards for the INSPIRA ART100 device.
  • May 2, 2024: Initiation of the production of the INSPIRA ART100 medical device by a leading technology company.
  • May 28, 2024: Notification of 510(k) class II clearance from the U.S. FDA for the INSPIRA ART100.

Inspira's products are designed not only to enhance patient outcomes but also to reduce the costs and complications associated with traditional respiratory support methods. The INSPIRA ART100 system has received FDA clearance, marking a pivotal moment in the company's history. Other products in the pipeline, including the INSPIRA ART (Gen 2) and HYLA™ blood sensor, are poised to further revolutionize respiratory care once approved.

Rhea-AI Summary

Inspira™ Technologies OXY B.H.N. (Nasdaq: IINN, IINNW) has announced the start of production of the INSPIRA ART100 medical device. The device is being contract manufactured by a leading technology company and the first batch will be used in initial sites pending FDA approval.

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Inspira™ Technologies OXY B.H.N. (Nasdaq: IINN) has received the Canadian Standards Association (CSA) Certification of Compliance to U.S. standards for the INSPIRA ART100 device. This certification marks a significant step towards market access for their medical device, showcasing adherence to strict safety and performance requirements.
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Inspira™ Technologies OXY B.H.N. signs a term sheet with Beilinson Hospital in Israel for the evaluation of its INSPIRA ART100 device in organ transplant procedures. Beilinson Hospital, a leading organ transplant center in Israel, will provide data and feedback for the evaluation. The collaboration aims to enhance patient outcomes and expand the use of the device in medical settings.
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Inspira Technologies and Ennocure MedTech announce successful results in developing a bio-electronic treatment to prevent bloodstream infections, showing a 75% reduction in bacterial growth within 4 hours and 100% reduction within 24 hours. The technology aims to inhibit bacterial proliferation without the use of antiseptic agents, potentially offering advantages over current standard care solutions.
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Inspira Technologies OXY B.H.N. announces the exploration of INSPIRA ART100 Device for neonatal respiratory support, aiming to replace mechanical ventilators. The potential application targets prematurely born neonates and neonates with life-threatening disorders. CEO Dagi Ben-Noon emphasizes the commitment to improving neonatal care.
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Inspira Technologies OXY B.H.N. (Nasdaq: IINN, IINNW) announces a strategic investment by Mr. Ronen Juster and Ms. Margi Ben-Noon. The company will issue 1,339,285 ordinary shares at $1.232 per share in a registered direct offering.
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Inspira Technologies OXY B.H.N. announces FDA submission for approval of INSPIRA™ ART100, 95% accuracy results for HYLA™ Blood Sensor, and granted U.S. patent, along with financial results and business developments.
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Inspira Technologies OXY B.H.N. announces AMAR submission for approval of the INSPIRA™ ART100, a breakthrough medical device. The company aims to redefine life support with innovative technology, potentially targeting new markets in Southeast Asia and South America.
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Inspira Technologies achieves a breakthrough with their VORTX™ device, meeting 100% of regulatory blood oxygenation requirements with zero pressure gradient, potentially revolutionizing medical device technology. The company's U.S. patent with novel claims further enhances its innovative position in the market.
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Inspira Technologies OXY B.H.N. Ltd. announces a major milestone in core blood oxygenation technology with INSPIRA ART (Gen 2), aiming to revolutionize the medical device market. Anticipated FDA clearance for INSPIRA ART100 (Gen 1) in 2024 to address a $1.16 billion market.
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FAQ

What is the current stock price of Inspira Technologies Oxy B.H.N. Ltd. Ordinary Shares (IINN)?

The current stock price of Inspira Technologies Oxy B.H.N. Ltd. Ordinary Shares (IINN) is $1.07 as of December 17, 2024.

What is the market cap of Inspira Technologies Oxy B.H.N. Ltd. Ordinary Shares (IINN)?

The market cap of Inspira Technologies Oxy B.H.N. Ltd. Ordinary Shares (IINN) is approximately 20.7M.

What does Inspira Technologies do?

Inspira Technologies develops innovative respiratory support technology as an alternative to mechanical ventilation.

What is the INSPIRA ART100?

The INSPIRA ART100 is a breakthrough device designed to maintain optimal oxygen levels in patients without the need for intubation and sedation.

What regions does Inspira Technologies operate in?

Inspira Technologies operates in North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.

What recent programs has Inspira Technologies announced?

Inspira has announced several key developments, including a program for neonatal respiratory support and a collaboration for bio-electronic treatment to prevent ICU infections.

Who are some of Inspira Technologies' partners?

Inspira has collaborated with Ennocure MedTech Ltd. and Beilinson Hospital among others.

Has the INSPIRA ART100 received regulatory approval?

Yes, the INSPIRA ART100 has received 510(k) class II clearance from the U.S. FDA.

What makes the INSPIRA ART100 different from traditional mechanical ventilation?

The INSPIRA ART100 rebalances oxygen levels without the need for invasive procedures, allowing patients to remain awake during treatment.

What is the significance of the CSA Certification of Compliance?

This certification indicates that the INSPIRA ART100 meets stringent safety and performance standards.

What is the financial impact of mechanical ventilation in the U.S.?

Over 600,000 patients require mechanical ventilation annually, with treatment costs estimated at $64 billion per year.

Where can I find more information about Inspira Technologies?

For more details, please visit their corporate website: https://inspira-technologies.com

Inspira Technologies Oxy B.H.N. Ltd. Ordinary Shares

Nasdaq:IINN

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IINN Stock Data

20.73M
16.87M
8.88%
6.03%
0.63%
Medical Devices
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United States of America
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