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Inspira introduces high-end platform for bio-mimicking blood parameters for development and testing of core technologies Ra'anana, Israel

Key Takeaway: Inspira Technologies has launched a cutting-edge platform designed to mimic arterial and venous blood parameters for medical research and testing without requiring in vivo animal studies. This development aims to enhance the efficiency of testing their core technologies, including the HYLA Blood Sensor and VORTX system. The platform allows for real-time management of blood conditions and contributes to faster and more resource-effective research. However, it is important to note that these technologies have not yet been evaluated in human trials or approved by regulatory entities.

Market Sentiment Analysis

POSITIVE FACTORS

  • Inspira Technologies has developed an advanced platform that simulates blood parameters, enabling more efficient research.
  • The new platform reduces the reliance on in vivo animal testing, allowing for ethical advancements in medical technology.
  • It aims to accelerate the development and testing of life-saving technologies, potentially leading to quicker regulatory approvals.

CONCERNS & RISKS

  • The company's innovative technologies have not yet been tested or approved for use in humans.
  • The announcement contains forward-looking statements that involve uncertainties and risks that may affect future results.

Full Press Release Details

Inspira introduces high-end platform for bio-mimicking blood
parameters for development and testing of core technologies
Ra'anana, Israel, February 22, 2024 - Inspira Technologies
OXY B.H.N. Ltd. (Nasdaq: IINN, IINNW) (the "Company" or "Inspira Technologies"), a breakthrough medical technology
company targeting to supersede mechanical ventilators, has unveiled an exclusive in-house capability designed to simulate both the arterial
and venous blood parameters of patients with specific medical conditions without the need of in vivo animal testing. This platform has
played, and will continue to play, a vital role in advancing the development of our HYLA Blood Sensor and VORTX Orbiting blood oxygenation
delivery system, which are the core technologies of the Inspira ART500.
Using unique methods and equipment, our team of scientists has the
ability to simulate human blood conditions based on a predefined medical profile. The proprietary setting allows the management of blood
parameters continuously and in real-time for a range of blood flow rates in order to simulate a patient's oxygen-deficient and carbon
dioxide-rich blood after it has flowed through body organs and tissues.
We believe that these break-through capabilities may enable us to further
expand our research within a shorter timeframe and with a better use of resources, thereby reducing time and costs. The increased access
to data is an important contributing factor towards efforts to accelerate the development, testing and release of new technologies and
products as well as for more advanced verification and validation prior to regulatory submissions. This platform allows Inspira Technologies
to control the blood parameters over a wide range, allowing it to test the efficacy and accuracy of its technologies in key scenarios,
such as simulating the blood parameters of patients who may suffer from acute medical conditions. The Company's high-end lab capabilities
include the means for monitoring oxygen and carbon dioxide levels and detecting hemolysis and other key parameters and elements under
The Chief Technology Officer of Inspira Technologies, Dr. Daniella
Yeheskely-Hayon, stated: "Inspira Technologies focuses on developing advanced blood monitoring and oxygen delivery technologies
through its high-end testing platforms which allows it perform wider range-controlled testing while minimizing the need to perform in
vivo animal testing."
Inspira Technologies OXY B.H.N. Ltd.
Inspira Technologies is an innovative medical technology company
in the respiratory treatment arena. The Company has developed a breakthrough Augmented Respiration Technology (INSPIRA ART), designed
to rebalance patient oxygen saturation levels. This technology potentially allows patients to remain awake during treatment while reducing
the need for highly invasive, risky, and costly mechanical ventilation systems that require intubation and medically induced coma. The
Company's products have not yet been tested or used in humans and has not been approved by any regulatory entity.
For more information, please visit our corporate website: https://inspira-technologies.com
Forward-Looking Statement Disclaimer
This press release contains express or implied forward-looking statements
pursuant to U.S. Federal securities laws. These forward-looking statements and their implications are based on the current expectations
of the management of the Company only and are subject to a number of factors and uncertainties that could cause actual results to differ
materially from those described in the forward-looking statements. For example, the Company is using forward-looking statements when it
discusses the potential benefits of its high-end platform, that the platform will continue to play a vital role in advancing the development
of the Inspira ART500, and the belief that these break-through capabilities may enable the Company to expand its research in a cost-efficient
manner. These forward-looking statements and their implications are based solely on the current expectations of the Company's management
and are subject to a number of factors and uncertainties that could cause actual results to differ materially from those described in
the forward-looking statements. Except as otherwise required by law, the Company undertakes no obligation to publicly release any revisions
to these forward-looking statements to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated
events. More detailed information about the risks and uncertainties affecting the Company is contained under the heading "Risk Factors"
in the Company's annual report on Form 20-F for the fiscal year ended December 31, 2022 filed with the U.S. Securities and Exchange
Commission (the "SEC"), which is available on the SEC's website, www.sec.gov
Public Relations Manager
Inspira Technologies
Copyright 2018-2024 Inspira Technologies OXY B.H.N. LTD., All

Frequently Asked Questions

What does Inspira Technologies' new platform do?

The platform simulates arterial and venous blood parameters without animal testing.

How does the platform aid in technology development?

It accelerates research and technology development by managing blood parameters in real-time.

What is the purpose of the Inspira ART500?

The Inspira ART500 aims to rebalance patient oxygen levels without invasive ventilation.

Have the company's products been tested on humans?

No, Inspira Technologies' products have not yet been tested or approved for human use.

Who is the CTO of Inspira Technologies?

Dr. Daniella Yeheskely-Hayon is the Chief Technology Officer at Inspira Technologies.

Last updated: Feb 22, 2024