Full Press Release Details
Secures a Second U.S. Patent Approval for Orbiting Blood Oxygenation Delivery System
To date, a combined total of 32 claims have been deemed novel for the
core technology of the INSPIRA ART device
Targeting treatment for 20 million ICU patients with respiratory failure
annually, with many relying on mechanical ventilators, in a $19 billion industry.
Ra'anana, Israel, September
13, 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 secured an additional
U.S. Patent approval for the VORTX orbiting blood oxygenation delivery system, a core technology of the revolutionary INSPIRA
ART device, bringing the combined total of claims deemed novel relating to the core technology of the INSPIRA ART device, to 32.
The VORTX system aims to oxygenate blood without fiber membranes,
potentially transforming the medical field as this technology is expected to reduce both blood damage and costs. Today's fiber technologies
for blood oxygenation significantly harm the patient's blood cells, since existing fiber oxygenators force blood to flow through multiple
fiber layers, causing harmful turbulence, friction, and shear forces. Due to the fiber fabric's high resistance to blood flow, it
creates pressure differences that can severely damage blood components, potentially causing hemolysis, white blood cell damage, inflammatory
and immune system activation, and blood clotting.
Dagi Ben-Noon, CEO of Inspira Technologies, remarked, "We
view this as another major leap forward in blood oxygenation technologies, representing another crucial milestone highlighting the core
technological capabilities of the INSPIRA ART."
We believe the INSPIRA ART is a groundbreaking device poised
to revolutionize the $19 billion mechanical ventilation market. Designed to support the 20 million intensive care unit patients with respiratory
failure each year, many of whom rely on mechanical ventilators, the INSPIRA ART offers a potential alternative by maintaining stable
oxygen saturation levels without the need for ventilators while patients can remain awake during treatment.
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), with
adaptive blood monitoring and blood oxygenation technology 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. Equipped with HYLA real-time continuous blood monitoring technology,
the system instantly detects changes in patient conditions, empowering physicians in making informed decisions.
The Company's INSPIRA ART100 system has obtained
FDA 510(k) clearance for use in Cardiopulmonary Bypass procedures, along with the Israeli AMAR certification for both Extra-Corporeal
Membrane Oxygenation and Cardiopulmonary Bypass procedures.
The Company's other products, including the INSPIRA ART also
known as the INSPIRA ART500 or Gen 2, the INSPIRA Cardi-ART portable modular device and HYLA blood sensor, are currently
being designed and developed, and have not yet been tested or used in humans and have 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 intended benefits and uses of its technology, the number of potential patients, and potential market size, that may utilize
its technology and products, the belief that the patent is a major leap forward in blood oxygenation technologies, representing another
crucial milestone highlighting the core technological capabilities of the INSPIRA and the belief that the INSPIRA ART is an innovative
device set to transform the $19 billion mechanical ventilation industry. 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, 2023 filed with the U.S. Securities and Exchange Commission (the "SEC"), which is available
on the SEC's website, www.sec.gov
Inspira Technologies - Media Relations
Email: info@inspirao2.com
Phone: +972-9-9664485
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