Recent Updates
Recently added Catalysts
QTEX Positive Sentiment Score: 75/100

Inspira Technologies Unveils the INSPIRA ART Line of Medical Devices at the World's Largest Extracorporeal Life Support Conference The ELSO conference brings together healthcare institutions, researchers, and industry pa

Key Takeaway: Inspira Technologies announced the introduction of its INSPIRA ART line of medical devices at the ELSO conference, focusing on improving acute respiratory care. The line includes the INSPIRA ART100, designed for cardio-pulmonary bypass procedures, and the INSPIRA ART500, aimed at providing solutions for severe breathing difficulties. The company aims to gain FDA clearance for the INSPIRA ART100 in the first half of 2024 and has established a partnership with Perfusion Solution, Inc. to enhance its market entry strategy. However, the devices have yet to undergo human testing and lack FDA approval.

Market Sentiment Analysis

POSITIVE FACTORS

  • Inspira Technologies unveiled its innovative INSPIRA ART line of medical devices.
  • The INSPIRA ART500 device may provide effective treatment for severe breathing problems.
  • Estimates suggest FDA clearance for the INSPIRA ART100 device in early 2024.

CONCERNS & RISKS

  • The products have not yet been tested or approved by the FDA.
  • The introduction of these devices is subject to uncertain regulatory approvals.

Full Press Release Details

Technologies Unveils the INSPIRA ART Line of Medical Devices at the World's Largest Extracorporeal Life Support Conference
ELSO conference brings together healthcare
researchers, and industry partners
Israel, September 28, 2023 - Inspira Technologies OXY B.H.N. Ltd. (Nasdaq: IINN, IINNW) (the "Company"
or "Inspira Technologies"), a company aiming to revolutionize acute respiratory care by empowering breathing without lungs,
is proud to announce the unveiling of its INSPIRA ART line at the Extracorporeal Life Support Organization (ELSO) Conference in
The INSPIRA ART medical device line includes
the INSPIRA ART100 a cardio-pulmonary bypass (CPB) device designed for patients undergoing CPB procedures as well as the INSPIRA
ART500 device that represents a significant breakthrough in healthcare, potentially offering highly effective treatment for the 20 million
patients that face severe breathing problems each year. The INSPIRA ART500 is being designed to provide acute respiratory support with
the intention to become a new procedure for patients who may require legacy mechanical ventilation.
ART100 is estimated to receive U.S. Food and Drug Administration (FDA) clearance in the first half of 2024. Inspira is currently working
on plans to make INSPIRA ART100 available in the United States. The Company recently entered into a collaboration with Perfusion Solution,
Inc., a leading U.S. based company that provides a platform of advanced medical devices, training and staffing to leading U.S. hospitals.
ELSO conference is a global gathering of experts in healthcare, research, and industry players. ELSO is dedicated to improving a special
type of life support called extracorporeal life support, which involves using external devices to support patients with severe breathing
and/or heart problems.
will be available at booth #315 at the 34th annual ELSO conference. Inspira will be introducing its new INSPIRA ART device line, revealing
the INSPIRA ART100 device at ELSO, which marks a significant achievement by its team of experts. Inspira's presentation of its
product is a significant step forward, highlighting its commitment to creating products for critical patient care or patients undergoing
ELSO organization and conference
ELSO is an international nonprofit consortium of healthcare institutions, researchers, and industry partners. The organization provides
support to those delivering extracorporeal life support through continuing education, guidelines, original research, publications, and
a comprehensive registry of extracorporeal membrane oxygenation (ECMO) patient data. ECMO clinicians, research scientists, and members
of regulatory and public health institutions are eligible for membership in ELSO. There are currently over 20,000 users and center members
from over 50 countries. Memberships allow physicians, nurses, perfusionists, respiratory therapists, researchers, and other healthcare
professionals to become more directly involved in the world's largest ECMO community.
Inspira Technologies OXY B.H.N. Ltd.
Inspira Technologies has a clear mission to revolutionize acute respiratory care through innovation.
Our aim is to develop medical technologies and products that prevent the need for mechanical ventilation. Empowering breathing without
lungs, the flagship INSPIRA ART500 is designed to boost blood oxygen saturation levels in a matter of minutes, even as the patient remains
awake. We strive to deliver blood circulation technology alongside AI-driven monitoring and analytics to create patient-centric and data-driven
solutions that enhance patient outcomes and improve hospital efficiency. Through our continuous efforts, we aim to reshape the future
of extracorporeal treatments to create a better healthcare experience for patients around the world. The Company's products have
not yet been tested or used in humans and have not been approved by the Food and Drug Administration (FDA) or any regulatory entity.
more information, please visit our corporate website: https://inspira-technologies.com.
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, Inspira is using forward-looking statements when it discusses the timing of its potential
FDA approval and the potential of its products to assist patients. 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

Frequently Asked Questions

What is the INSPIRA ART line of medical devices?

The INSPIRA ART line includes innovative devices aimed at improving acute respiratory care.

When is the INSPIRA ART100 expected to receive FDA clearance?

The INSPIRA ART100 is estimated to receive FDA clearance in the first half of 2024.

What does the INSPIRA ART500 device do?

The INSPIRA ART500 provides acute respiratory support for patients with severe breathing issues.

What is the purpose of the ELSO conference?

The ELSO conference gathers experts to enhance knowledge on extracorporeal life support.

What is the mission of Inspira Technologies?

Inspira Technologies aims to revolutionize respiratory care and reduce mechanical ventilation needs.

Last updated: Sep 28, 2023