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Inspira Technologies Oxy BHN ( (IINN) ) has issued an announcement.
Inspira Technologies OXY B.H.N. Ltd. announced a collaboration with Zriha Medical Ltd. to establish a production line for a crucial component of their respiratory support system. This partnership, leveraging Zriha Medical’s expertise in medical device manufacturing, is a strategic move to scale up production and expedite market entry for Inspira’s innovative devices. The collaboration is expected to significantly enhance Inspira’s operational capabilities and industry positioning, potentially accelerating the availability of its groundbreaking respiratory technologies.
More about Inspira Technologies Oxy BHN
Inspira Technologies OXY B.H.N. Ltd. is an innovative medical technology company specializing in life support and respiratory treatment. The company is known for its breakthrough Augmented Respiration Technology (INSPIRA™ ART), which targets the $19 billion mechanical ventilation market by offering a potential alternative for acute respiratory failure without requiring mechanical ventilators. Inspira Technologies focuses on developing devices that improve oxygen saturation levels in patients more efficiently, with ongoing developments in products like the INSPIRA™ ART500 and various oxygen delivery systems.
YTD Price Performance: 0.95%
Average Trading Volume: 672,712
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $19.46M
For detailed information about IINN stock, go to TipRanks’ Stock Analysis page.
