Welcome to our dedicated page for Inspira Technologies Oxy Bhn news (Ticker: IINN), a resource for investors and traders seeking the latest updates and insights on Inspira Technologies Oxy Bhn stock.
Inspira Technologies Oxy B.H.N. Ltd. reports developments in Additively Manufactured Electronics, quantum connectivity and its medical technology portfolio. Company updates focus on AME system orders and deployments, QTREX-branded cryogenic interconnect work for superconducting quantum systems, customer activity with research, defense and technology organizations, and leadership or strategic-direction announcements.
The company's medical technology context includes respiratory support and blood monitoring platforms, including INSPIRA ART, INSPIRA ART100 and the HYLA Blood Sensor, while recent communications emphasize a dedicated medical business unit alongside the AME and quantum connectivity strategy.
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.
Inspira Technologies (NASDAQ: IINN) has successfully completed the installation and training program for its FDA-cleared INSPIRA ART100 system at a premier New York hospital. The system, designed for cardiopulmonary bypass procedures, is now ready for clinical use, marking a significant milestone in the company's deployment strategy.
The installation serves as a precursor to implementing core technologies of the flagship INSPIRA ART500 system, which aims to transform the $19 billion mechanical ventilation market. Inspira's goal is to replace a substantial portion of the estimated 100,000 ventilators in the U.S. with their innovative alternative.
This deployment follows the FDA 510(k) clearance for the INSPIRA ART100 system and aligns with the company's expansion strategy of collaborating with leading medical opinion leaders and institutions. The company expects to receive clinical feedback in the coming weeks.
Inspira Technologies (Nasdaq: IINN) announced the showcase of its FDA-cleared life-support system, the INSPIRA™ ART100, at the AmSECT 63rd International Conference in San Diego from March 19-23, 2025. The system, which received FDA 510(k) clearance in May 2024 for cardiopulmonary bypass procedures, will be displayed at distributor Glo-Med Networks' booth.
The conference, held at the Loews Coronado Bay Resort, provides a platform for leading perfusion professionals to experience Inspira's innovative extracorporeal circulation technology. The showcase represents an opportunity for the company to expand exposure of their technology within the perfusion community.
Inspira Technologies (NASDAQ: IINN) CEO Dagi Ben Noon shared a comprehensive update on the company's progress in revolutionizing respiratory care. The company's flagship product, the INSPIRA ART500, aims to provide an alternative to mechanical ventilation for Acute Respiratory Failure patients.
Key developments include:
- The INSPIRA ART100 system received FDA clearance in 2024 for Cardiopulmonary Bypass blood circulation
- The HYLA Blood Sensor is targeting FDA submission in H2-2025
- A Single-Use Patient Kit is planned for 2025/2026 FDA submissions
- The INSPIRA ART500 FDA submission is projected within the next 18 months
The company is targeting the $19 billion global mechanical ventilation market and expects to receive a prepayment from its U.S. distributor for INSPIRA ART100 systems. The company is focusing its resources on accelerating the development of the INSPIRA ART500 system while exploring strategic distribution partnerships in Latam and Asia.
Inspira Technologies (Nasdaq: IINN) has received a notification from Nasdaq on March 10, 2025, indicating non-compliance with the minimum bid price requirement. The company's shares have traded below $1.00 for 30 consecutive business days, violating Nasdaq Listing Rule 5550(a)(2).
Inspira has been granted a 180-calendar day compliance period until September 8, 2025, to regain compliance by maintaining a closing bid price of at least $1.00 for 10 consecutive business days. If unsuccessful, the company may qualify for an additional 180-day period, provided it meets other Nasdaq Capital Market listing requirements.
The company's shares continue trading on Nasdaq during this period while management explores options to address the deficiency, including the possibility of a reverse share split.
Inspira Technologies (NASDAQ: IINN) reported its full year 2024 financial results and business updates. The company achieved significant milestones, including FDA 510(k) clearance for its INSPIRA™ ART100 system and its deployment to Westchester Memorial Center, NY. The HYLA™ blood sensor showed promising clinical results with 96% accuracy compared to traditional analyzers.
Financial highlights for 2024 include:
- Total operating expenses decreased to $11.27M from $12.13M in 2023
- R&D expenses reduced to $6.32M from $7.32M
- G&A expenses increased to $4.19M from $4.06M
- Net loss was $11.05M compared to $11.29M in 2023
- Cash position stood at $5.78M as of December 31, 2024
Key developments include a manufacturing partnership with Zriha Medical, positive results from infection prevention technology showing 95% bacterial reduction, and new INSPIRA ART100 system enhancements for improved efficiency.
Inspira Technologies (Nasdaq: IINN) has announced positive results from the clinical study of its AI-powered HYLA blood sensor, achieving 96% accuracy compared to traditional blood test analyzers. The study, conducted at Sheba Hospital with 6 patients undergoing open-heart surgery, demonstrated the device's ability to monitor blood continuously without requiring blood draws.
The HYLA sensor, which clips onto blood circuit tubing, successfully monitored blood flow during bypass procedures at two different points. Additionally, the device showed 92.3% accuracy in identifying oxygen deficiencies through a new indicator. The clinical study data is being used to enhance the system's AI-powered learning capabilities.
The company plans to expand the study for additional patient data collection and aims to submit for FDA clearance in H2 2025. Following FDA approval, Inspira intends to deploy this technology as part of their INSPIRA ART system in U.S. hospitals for data collection and post-market validation.
Inspira Technologies (Nasdaq: IINN) announced positive initial results from its collaboration with Ennocure MedTech to develop a novel bio-electronic treatment for preventing bloodstream infections. The ex-vivo testing on porcine skin model demonstrated a 95% reduction in bacterial presence within 4 hours, maintaining effectiveness over 24 hours.
The innovative technology uses physical electric stimulation instead of chemical agents to prevent pathogen growth. This development addresses an estimated 250,000 annual bloodstream infections related to intravenous lines worldwide. The bio-electronic technology aims to overcome traditional IV dressing challenges through bacterial growth prevention, extended wear time, applicability to both skin surface and cannula areas, and real-time monitoring capabilities.
Testing followed adjusted standardized protocols, including the AATCC TM100 standard for antimicrobial performance, showing consistent bacterial reduction under active patches versus controls.