InspireMD Secures Funds to Expand Healthcare Innovations

InspireMD (NSPR) has issued an announcement.

InspireMD, Inc. has successfully exercised Series H warrants, resulting in the issuance of common and pre-funded warrants and generating $17.9 million in gross proceeds. This financial boost, primarily intended to further develop their CGuard Prime and SwitchGuard medical systems, signals a confident expansion of the company’s innovative healthcare solutions, offering an attractive narrative for investors in the biomedical sector.

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