Inspira Technologies Updates on Purchase Order Progress
Inspira Technologies provided an update highlighting progress in the execution of its previously announced binding purchase orders. The Company has received a formal notification from its distribution partner that the $22.5 million and $27 million binding purchase orders, originally announced on July 2, 2025 and August 19, 2025, respectively, have advanced to the final budgetary validation and fund allocation stage within the relevant governmental authorities' procurement processes. Dagi Ben-Noon, Chief Executive Officer of Inspira, commented: "We continue to work closely with our distribution partners and governmental stakeholders on the execution of these purchase orders. Advancement to the final budgetary stage is a procedural step in complex international procurement processes. We remain focused on converting our contracted backlog into delivered systems and recognized revenue."
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- Market Penetration Opportunity: Inspira Technologies has successfully validated its HYLA™ system, which is expected to rapidly enter the approximately $50 billion heart-lung surgery market, marking a strategic expansion for the company in the medical device sector.
- Technical Performance Breakthrough: The HYLA™ system demonstrated a 94.2% accuracy in pCO₂ measurement during advanced lab testing, aligning with clinical needs and enabling real-time patient monitoring, thereby reducing complications during heart-lung machine and ECMO procedures.
- Standalone System Advantage: By decoupling the sensor from life-support hardware, the HYLA™ system achieves universal compatibility with existing operating room or ICU workflows, significantly expanding the company's total addressable market and activating a high-margin recurring revenue model.
- Future Development Strategy: The company plans to submit a regulatory application to the FDA in 2026, with CEO Dagi Ben-Noon stating that offering HYLA as a standalone solution will accelerate market entry and meet the substantial global demand for perfusion systems.
- Clinical Evaluation Completed: Inspira's INSPIRA™ ART100 system has completed its clinical evaluation at a leading U.S. academic medical center, successfully treating approximately 30 patients, marking its transition from pilot use to standard clinical workflow and significantly enhancing the company's recognition in the medical device market.
- Procurement Process Initiated: The medical center has initiated an internal procurement process for multiple ART100 systems, indicating that the technology's clinical value and reliability have been thoroughly validated, which is expected to drive broader adoption of ART100 across other healthcare institutions.
- Technology Validation: The ART100 system is the first to progress from clinical evaluation to a budgeted procurement pathway at a major U.S. academic medical center, reflecting Inspira's competitiveness and market potential in the medical device sector, thereby strengthening its commercial positioning.
- Future Development Outlook: Inspira CEO Dagi Ben-Noon stated that this milestone will facilitate the broader adoption of the ART100 platform across leading healthcare institutions, further solidifying the company's market position in life support and MedTech.

Biotech Stocks Performance: Several small-cap biotech and healthcare companies saw notable gains in after-hours trading, driven by recent corporate updates and clinical milestones.
Inspira Technologies Update: Inspira Technologies Oxy B.H.N. Ltd. rose 5.88% following a recent agreement for a registered direct offering and a Standby Equity Purchase Agreement, despite no new news on the day.
MediciNova's Clinical Trial Success: MediciNova, Inc. advanced 4.83% after successfully completing patient enrollment in its Phase 2 OXTOX study, which evaluates MN-166 for preventing chemotherapy-induced peripheral neuropathy.
DiaMedica's FDA Meeting: DiaMedica Therapeutics Inc. gained 2.89% after a productive pre-IND meeting with the FDA regarding its study of DM199 in preeclampsia, with an additional non-clinical study requested.

- Patent Grant: Inspira Technologies has been awarded Patent No. 7777598 by the Japan Patent Office, covering its Convertible Dual Lumen Cannula device and method of use, securing exclusive commercial rights in Japan, one of the world's most advanced medical device markets, until 2041, thereby strengthening its competitive position in the global healthcare market.
- Technological Innovation: This patented technology allows a single-lumen cannula to convert into a dual-lumen cannula after insertion, reducing the need for additional incisions, which is expected to lower infection risks and procedural complications while significantly decreasing hospital costs and enhancing patient safety.
- Market Potential: Inspira's convertible cannula is positioned for standalone commercialization as a high-value disposable product, in addition to its integration into the INSPIRA™ ART System, which enhances the company's competitive edge in respiratory support platforms and drives future revenue growth.
- Strategic Positioning: By securing patent protection in both the U.S. and Japan, Inspira has solidified the foundation for its respiratory support platforms and future disposable revenue streams, demonstrating the company's commitment to high-standard regulatory markets and aligning with long-term industry trends of consolidation and cross-sector collaboration.

- Patent Grant: Inspira Technologies has been granted Patent No. 7777598 by the Japan Patent Office, covering its innovative Convertible Dual Lumen Cannula device and method of use, securing exclusive commercial rights in Japan, one of the world's most advanced medical device markets, until 2041.
- Market Protection: This patent complements the U.S. patent granted in 2023, further enhancing a unified protective barrier across two of the largest healthcare economies, laying the groundwork for potential standalone commercialization.
- Cost Efficiency Improvement: The convertible cannula design allows a single-lumen cannula to convert into a dual-lumen cannula post-insertion, potentially reducing infection risks and procedural complexities compared to traditional dual-lumen solutions, thereby lowering hospital costs and enhancing patient safety.
- Strategic Development: CEO Dagi Ben-Noon emphasized that this patented technology not only offers a more cost-effective solution but also solidifies the foundation for the company's respiratory support platforms and future disposable revenue streams, reflecting its strategic positioning within the MedTech landscape.

Strategic Collaboration: Inspira Technologies has partnered with Bites Learning Ltd. to integrate AI-driven training and support solutions into its medical devices, enhancing operational performance and user onboarding.
AI-Powered Training Modules: The collaboration will deploy adaptive training modules and personalized knowledge feeds, improving proficiency and compliance for medical teams using Inspira's products.
Data-Driven Insights: The integrated platform will provide analytics on training efficiency and adoption rates, supporting continuous improvement and quality assurance in Inspira's operations.
Long-Term Growth Potential: The partnership includes options for future strategic transactions, emphasizing a shared vision for innovation and growth in the medical technology sector.





